Family and Consumer Sciences

Live Smart Ohio

Ohio State University Extension

Money

What’s all the talk about deferred payroll taxes?

Not everyone would say this, but I love teaching high school students about money. The OSU Extension program “Real Money. Real World.” is a sneak peek at managing money as an adult. It is eye-opening for these students to see how quickly our expenses add up each month. Another impressionable day is dissecting paycheck withholdings. […]

WRITTEN BY: Emily Marrison, OSU Extension Family & Consumer Sciences Educator, Coshocton County

REVIEWED BY: Patrice Powers-Barker, OSU Extension Family & Consumer Sciences Educator, Lucas County and Barry Ward, OSU Income Tax Schools Director and Production Business Management Leader for OSU Extension

PHOTO CREDITS:

  • Pixabay.com

SOURCES:

  • Braun, B., Little, L., Russell, M. Helping You Make a “Good Guess” for Out-of-Pocket Health Costs. Fact Sheet – 1020, April 2015. University of Maryland Extension and University of Delaware Cooperative Extension. https://www.udel.edu/content/dam/udelImages/canr/pdfs/extension/nutrition-wellness/smart-choice/7-Helping-you-make-a-good-guess-for-out-of-pocket-expenses.pdf
  • Live Smart Ohio. Occasional Expenses – How do you manage? April 15, 2015. https://livesmartohio.osu.edu/money/stehulak-1osu-edu/occasional-expenses-how-do-you-manage/
  • The White House. Memorandum on Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster. August 8, 2020. https://www.whitehouse.gov/presidential-actions/memorandum-deferring-payroll-tax-obligations-light-ongoing-covid-19-disaster/
  • U.S. Department of the Treasury. Treasury and IRS Issue Guidance Deferring Certain Payroll Tax Obligations. August 28, 2020. https://home.treasury.gov/news/press-releases/sm1110
  • Ziv, S. These 70 Employers Opted Out Of Trump’s Payroll Tax Deferral, Did Yours? Forbes. September 9, 2020. https://www.forbes.com/sites/shaharziv/2020/09/09/employer-opt-out-trump-payroll-tax-deferral-opt-out-notice-2020-65-start/#7357580366f4

REFERENCES:

  • Occasional Expenses Worksheet from "Manage Your Money" Bulletin 972-1 https://extensionpubs.osu.edu/manage-your-money-pdf/

Good-bye Clutter!

Research has shown that there is a downside to living and working with too much clutter. It can cause emotional stress, conflict between household members, and distraction. Clutter can waste time and money. It can affect indoor air quality and increase accidental falls and trip hazards! On a positive note, there is also research that […]

Clues Your Personal Identity Has Been Compromised and Steps to Correct the Situation

    There are several ways your identity can be stolen. If you are vigilant in examining your financial records on a regular basis, you will observe inconsistencies of your accounts. The earlier those inconsistencies can be discovered, the quicker you can take steps to correcting the identity theft. If your identity was compromised several […]

WRITTEN BY: Dennis DeCamp, M.Ed., Family and Consumer Science Educator, Scioto County, Ohio State University Extension

REVIEWED BY: Tammy Jones, Family and Consumer Science Educator, Pike County, Ohio State University Extension

PHOTO CREDITS:

  • freepik.com

SOURCES:

  • https://www.identitytheft.gov/Steps
  • https://www.consumer.ftc.gov/articles/0271-warning-signs-identity-theft
  • https://www.equifax.com/assets/PSOL/15-9814_psol_emotionalToll_wp.pdf

“It Takes Time but it is Time Worth Taking” Preventing Identity Theft

    Many times, in life we know we should do something before it is too late. We know our automobile battery is weak, but we wait until we are in a hurry to get to an important appointment and our vehicle will not start. We know our freezer in the basement is old, but […]

WRITTEN BY: Dennis DeCamp, M.Ed., Family and Consumer Science Educator, Scioto County, Ohio State University Extension

REVIEWED BY: Roseanne Scammahorn, Ph.D., Family and Consumer Science Educator, Darke County, Ohio State University Extension

PHOTO CREDITS:

  • Shutterstock.com

SOURCES:

  • Consumer Reports, (2010). How to protect yourself from Identity Theft. Retrieved April 23, 2020 from https://www.consumerreports.org/cro/2010/07/protect-your-identity/index.htm
  • Federal Trade Commission, (2020). Identity Theft. Retrieved April 23, 2020 form https://www.consumer.ftc.gov/topics/identity-theft
  • Identity Theft. (2020). In USA.gov. Retrieved April 23, 2020 form https://www.usa.gov/identity-theft
  • Loftsgordon, A., (2020). Top Ten Ways to Prevent Identity Theft. Retrieved on April 23, 2020 from https://www.nolo.com/legal-encyclopedia/top-ten-ways-to-prevent-identity-theft.html

Have You Ever Been a Victim of Identity Theft?

  Four times in the past few years, my credit card information has been compromised.  I know how the number was stolen on the first incident. Other times, I have no idea how my information was attained by the perpetrators. A few years ago, when all the cool people, (not me), were purchasing Keurig Coffee […]

WRITTEN BY: Dennis DeCamp, M.Ed., Family and Consumer Science Educator, Ohio State University Extension

REVIEWED BY: Treva Williams, M.Ed., Family and Consumer Science Educator, Ohio State University Extension

PHOTO CREDITS:

  • Shutterstock.com

SOURCES:

  • https://www.identitytheft.gov/
  • https://www.experian.com/blogs/ask-experian
  • https://www.ameriprise.com/privacy-security-fraud
  • https://www.treasury.gov
  • https://www.nsf.gov/oig/_pdf/brochures/identitytheft.pdf

Keep Yourself Safe: Coronavirus Scams

Scams are happening all around us at any given time. When a disaster happens like a hurricane or a national pandemic new scams start to emerge due to the circumstance. With the onset of Coronavirus, new scams have started specific to the pandemic. Here are some to watch out for. Calls from the Emergency Management […]

WRITTEN BY: Katie Schlagheck, Family and Consumer Sciences Educator, Ottawa & Sandusky Counties

REVIEWED BY: Roseanne Scammahorn, Family and Consumer Sciences Educator, Darke County

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