Tag: Finance Tips
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A Brilliant Deduction (Section 179)
Posted On: February 12, 2019 by Falcon National Bank in: Business Banking
November and December are always busy months in the world of Commercial Equipment Financing. At the urging of their accountants, many of our customers rush to make last minute yearend equipment purchases. Why the big rush you may ask? Well, My Dear Watson, it comes down to the fact that they are running out of time to take advantage of the SECTION 179 TAX DEDUCTION. What is the Section 179 deduction? Most people think Section 179 is some complicated and mysterious tax code. Truth is, it is...
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5 Tips for Achieving Financial Security
Posted On: January 30, 2019 by Falcon National Bank in: Personal Banking
When I was in fourth grade my mother asked me to clean the refrigerator. The fridge was white and instead of just cleaning it, I decided to spray it with a can of white paint! It did not work so well. I remember my father telling my mother, “Well honey, it’s a good thing we have 10 kids. At least one of them should be able to take care of us when we retire!” Relying on your children to take care of you during your retirement years may not be the easiest solution to achieving...
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Protecting your Identity
Posted On: January 16, 2019 by Falcon National Bank in: Personal Banking
Identity theft is using someone else’s private identifying information without their permission, usually for their financial gain. In this day and age, it’s important to protect yourself from identity theft and the potential of a messy financial situation. Here are 5 ways to keep yourself protected. 1. Guard your Social Security Number Your Social Security number is the gateway to your personal information. Don’t carry your card...
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