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Consumerism and Spending

Protecting Your Funds: The Importance of Insured Financial Institutions

Logix / August 28, 2023

Digital payment apps like Cash App, PayPal, and Venmo have gained immense popularity, but it's crucial to be aware of the risks involved in storing your funds on these platforms. Unlike traditional bank accounts, payment apps do not provide federal deposit insurance, leaving your money vulnerable in times of crisis. Recent incidents involving the collapse of banks like Silicon Valley Bank, Signature Bank, and First Republic Bank have highlighted the need to safeguard your funds.

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Auto Loans

7 Tips for Maintaining High-Mileage Vehicles Until Inflation Subsides

Logix / August 7, 2023

Since the onset of the pandemic and subsequent supply chain challenges, the auto industry has experienced three years of near-constant disruption. Luckily, supply chain woes are easing a bit, but rising interest rates and inflation are taking a huge toll on consumers. This is leading many who would otherwise be purchasing a new car or truck in 2023 to stay in their current vehicle for another year.  

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Fraud and Identity Theft

What You Need to Know About Utility Scams

Sherlogix Holmes / July 5, 2023

Many basic necessities rely on utilities we take for granted. And that makes them perfect for a scammer to exploit. Like many other scams, utility scams occur when a scammer pretends to be someone they’re not. In this case, the scammer poses as a representative from your power or water company and threatens to turn off your services unless you send payment right away or provide some important personal information.

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Investing and Financial Planning, Retirement, Saving

The Farmer and the Magic Seeds: Sowing the Seeds of Fortune

Logix / June 26, 2023

In the fertile financial fields of California, there lived a pragmatic farmer named Fred. With his sensible hat and sturdy boots, he was an emblem of resilience in this tumultuous terrain, where bulls and bears danced their unpredictable dance, and Wall Street wolves roamed. Yet, Fred was armed with a unique arsenal - his magic seeds, each representing a distinct investment strategy.

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Taxes

Employee Retention Tax Credit (ERTC) Service

Logix / June 20, 2023

The ERTC is a refundable credit that businesses can claim on qualified wages, including certain health insurance costs, paid to employees. The qualifying amount of the claim could be impacted by the laws that were in place at the time wages were paid, including:

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