SESLOC Spotlight highlights local organizations that make the Central Coast the best place to live. Ecologistics is a homegrown nonprofit promoting environmental sustainability through education and community partnerships. Stacey Hunt, CEO, explains how this group of passionate volunteers boosts local conservation efforts:
Tax season is here again. e-Filing your return is convenient, secure, and allows your payment to process or refund to be deposited quicker than when filing by mail. Instructions for finding your SESLOC account information for withdrawal or deposit are below, as well as information on how to set up a custom alert to notify you when the IRS processes it.
The American Rescue Rescue Plan Act, signed into law on March 11, 2021, includes a third round of pandemic-related Economic Impact Payments (also known as a “stimulus check”). A statement during the press release indicated that Americans with direct deposit could expect payments within a few days.
First, let’s clear up a common misconception about credit scores. It’s often thought that you have just one singular score, or one for each of the three credit bureaus. The truth is that you actually have many credit scores. This is due to a number of factors:
The Criminal Investigation (CI) unit is a special criminal division of the IRS. The CI is tasked with investigating and uncovering tax-related crimes and prosecuting these cases. Each year the CI provides the IRS an annual report detailing the work of the CI and highlighting their successes and enforcements related to tax and financial crimes.
Saving money can often be a challenge—especially during times of financial uncertainty. As humans, we’re wired to take care of our needs now, and worry about later… well, later.
Headed to the course to practice your swing? Did you know you can redeem your SESLOC HomeFREE Checking™ debit card and Visa Signature® Rewards card points for merchandise to help you improve your accuracy and enjoy the day on the links? Check out the top 10 SESLOC Rewards to up your game.
During our recent webinar presentation, Money Management in Turbulent Times, we asked our attendees to collaborate and share their top tips for cutting costs. Cutting costs is an important strategy for stretching your budget so you can pay your debt down faster or hit your savings goals quicker.
There are many misconceptions about how marginal tax brackets work and how they impact your federal tax return. This is what you need to know:For the 2020 tax year (to be filed by in 2021), the IRS set marginal rates of 10%, 12%, 22%, 24%, 32%, 35% and 37%. Your tax rate depends on your filing status (single, married filing jointly, married filing separately, or head of household) as well as your taxable income.
The IRS has announced that the federal income tax filing season for tax year 2020 returns begins on Friday, February 12, 2021. Although tax seasons frequently begin in late January, the additional time will allow the IRS to update its programming and test its system to take into account any changes made by the Consolidated Appropriations Act, 2021 (CAA 2021), signed into law on December 27, 2020. Last-minute changes to tax law have already been included in IRS tax forms and instructions.
We want to share with you how SESLOC and other credit unions stand out as a reliable and secure option for consumers and small businesses in our local communities.
We partner with GreenPath Financial Wellness to offer unbiased, empathetic, one-on-one financial advisement to our members. GreenPath’s certified credit counselors offer free assistance with budgeting, general financial wellness, debt counseling, foreclosure prevention and support, and student loan payment. GreenPath also offers a Debt Management Program where they negotiate with creditors on behalf of members enrolled in the program to reduce interest rates and help them repay debts faster. In 2021, GreenPath’s certified counselors assisted 8 SESLOC members with a combined $161,488 in debt pay off $55,656 through the program — that’s a reduction of outstanding debt by 34% in under a year!
SESLOC members are saving — and winning! Since the program launched, more than $20,000 in prizes have been awarded.
What are your savings goals? Whether you’re trying to boost your emergency fund or get ready for a summer vacation, we have some tips to help you reach your goals: 1. Change it Up Who says you can’t save and spend? Enroll in SESLOC’s new Change it...
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