Thursday, September 26, 2013

The new $100 bills worth upwards of $1,000?

The newly designed $100 bills will be released on October 8th, and some of these bills will be worth upwards of more than $1,000! The serial numbers printed on some of these bills will be very valuable to collectors, and therefore will be worth a lot of money. Some bills will even be worth up to $15,000! The International Business Times lists the serial numbers that will have value: "The following are some of the subcategories: solid, which means the numbers are the same, like 11111111; radar, which is the same number backward or forward, like 13466431; repeater, which means both halves are the same, like 12791279; super repeater, which is a pair of numbers that repeats four times like 55553333, a ladder, like 12345678; low, 00000100 or lower; high, 99999900 or higher" (IB Times). When the new bills are released, it might be worth your time to check out the serial numbers to see if you have received one of these rare bills.

Linked below are websites with more information on the new $100 bills.

518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338

Tuesday, September 24, 2013

The 5 Most Common Financial Scams

CNN Money recently came out with a list of the top 5 financial scams going on right now. The article states that "more than 8 in 10 consumers have received a potentially fraudulent offer". One of the most important things to remember is that if it sounds too good to be true, it probably is. Trust your instincts! CNN Money reports that financial fraud adds up to about 50 million dollars a year! To avoid falling for one of these scams, we have listed the top 5 most common financial scams below:
  • E-mails from Abroad
  • A 'Free' lunch
  • ‘Winning' the lottery
  • Penny Stocks
  • Cold calls 
For more information, the article from CNN Money is linked below.
If you have any questions about financial scams, please contact us.
518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338

Thursday, September 19, 2013

What College Students Need to Know about Retirement:

Retirement might seem like a long way off for college students, but the earlier students start saving for retirement, the better. The U.S. News recently came out with an article about what college students need to know about retirement, and the most important step is simply getting started. Developing a retirement plan before a career has even started is the easiest way to prepare for retirement age.

First and foremost, it is important to open a savings account and routinely deposit money into it. “Saving early and capitalizing on years of compounding interest is key to retiring comfortably” (U.S. News) .Developing the good habit of saving while students are young will make it easy to continue saving as students get closer to retirement age. The article from U.S. News also mentions paying off the highest-interest debts first, and then focusing on lower-interest debts. It is also important to open a retirement account or 401k as early as possible. Students should research all investment choices presented, whether that is an individual retirement account or a company provided account.

For more tips on how to prepare for retirement at a young age, the U.S. New article is linked below: 

If you have any questions about saving for retirement, please contact us!

518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338


Wednesday, September 18, 2013

Is your money safe?

With identity theft and scams running rampant, it is more important than ever to protect your personal information. An article from Dime Spring lists the top 5 ways to keep your money safe:

-Password Protect your Smartphone: Most people keep a lot of private information in their phones, so it's extremely important to keep this device safe.

-Use a shredder: Many documents have personal information on them, such as your bank account numbers and social security numbers. Keep these documents away from identity thieves by shredding documents that have any personal information on them.

-Check Financial statements/accounts: Be aware of what is happening with your money. The more often you check your statements, the more aware you will be of how much money is taken out of your account.

-Protect your WiFi: Use a strong password that no one would guess, and be wary of using financial websites on public wifi networks.

-Watch tweets and status updates: Be aware of what you are posting on your social networks. Telling people you are going on vacation also tells them that you will not be home. Be wary of what information you are giving out to the world.

What ways do you keep your personal information safe?

518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338

Thursday, September 12, 2013

"Phishing" for Information

If you have received an email or text message from the IRS, do not reply or open any links or attachments. The IRS does not communicate with taxpayers through any type of electronic communication. The IRS website states that “Phishing is a scam typically carried out by unsolicited email and/or websites that pose as legitimate sites and lure unsuspecting victims to provide personal and financial information” (IRS). Scammers will use the IRS name and logo fraudulently, and most people assume that the message is legitimate. These “phishing” scams are so abundant, that the IRS has posted a list of known email scams.

If you have received fraudulent emails or text messages, visit the IRS website to learn how to report these scams.

If you have any questions, please contact us.
518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338

Friday, September 6, 2013

Have you recently made changes to your business?

If you have recently made changes to your business, you most likely need to notify the state of the changes. What changes need to be reported to the state?
  • Changes to the company name and/or address
  • Changes to the registered agent/office information
  • Changes to the director or member information
  • Changes to the number of authorized shares
  • Changes in any business activities of the company
If you have made any changes to your business, contact us and we will gladly assist you. 
518 Arbor Hill Rd.
Kernersville, NC 27284
Ph: 336-996-3338