Monthly Archives January 2011

Use Extra Social Security Income Tax Money Wisely: CCCS of Forsyth Offers Ideas

Use Extra Social Security Income Tax Money Wisely CCCS of Forsyth Offers Ideas Winston-Salem, N.C. — Many of us will see bigger paychecks in 2011, thanks to a new federal law which temporarily reduces social-security payroll taxes. Counselors at Consumer Credit Counseling Service of Forsyth suggest that, instead of using this windfall as an excuse to get further in debt, employees apply it to paying down debt, beginning or adding to a savings plan, and generally improving their personal financial situation. The Tax Relief, Unemployment Reauthorization and Job Creation Act of 2010, which became law on Dec. 17, 2010, reduces
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