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Springs business owner indicted for tax fraud

A Colorado Springs business owner was indicted by a federal grand jury March 26 on charges of filing false income tax returns and evading reporting requirements. The office of Colorado U.S. Attorney John Walsh and IRS Special Agent Steven Osborne announced in Wednesday that Lisabeth Melahn, 53, of Colorado Springs, is scheduled to appear before a… Continue Reading Springs business owner indicted for tax fraud

Fraud damages economy, near and far

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Fraud damages economy, near and far

Beware, business owners and nonprofit boards: That employee or volunteer who always arrives early, stays late, works Saturdays and never takes vacations may be stealing money. Those red flags can signal embezzlement, said certified fraud examiner and CPA Bob Johnson, who has performed fraud examinations in Colorado Springs for more than 30 years. When asked… Continue Reading Fraud damages economy, near and far

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Ent to receive naming rights for UCCS arts venue

Ent Federal Credit Union will sign a 15-year marketing and operating agreement with the University of Colorado Colorado Springs today that will include naming rights for the school’s soon-to-be constructed visual and performing arts center, according to a UCCS news release. The agreement, which UCCS Chancellor Pam Shockley-Zalabak and Ent CEO Randy Bernstein will sign on campus at… Continue Reading Ent to receive naming rights for UCCS arts venue

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FirstBank offers Apple Pay

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FirstBank offers Apple Pay

FirstBank announced that it will begin offering Apple Pay mobile payment services for customers. Apple Pay is currently accepted at more than 700,000 businesses and retailers nationwide. Through fingerprint sensor technology available on iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2 and iPad Mini 3, customers will be able to complete credit and… Continue Reading FirstBank offers Apple Pay

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How should America’s banks be tested?

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What do tests really test? This may seem a silly philosophical question, but educators and government agencies are keen to figure this out. My concern here isn’t with education, but banking. Usually the banks do the testing: Are you credit-worthy? What’s your score? Anyone who ever took out a car loan, house mortgage or business… Continue Reading How should America’s banks be tested?

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Oppenheimer economist addresses advisors

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The overriding principle of investment consistency relates to television and the Internet: There’s such a barrage of 24-hour information these days that people attempt to respond to the frenetic news cycle, according to Jerry Webman, Ph.D. Webman, chief economist with OppenheimerFunds, wrote Money Shift: How to Prosper from What You Can’t Control, and frequently discusses… Continue Reading Oppenheimer economist addresses advisors

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Pikes Peak Community College will offer free tax-preparation assistance to low-to-moderate-income families this tax season, the school said in a news release. PPCC partnered with Denver-based Piton Foundation to offer the free services through the Tax Help Colorado Program. Internal Revenue Service-certified PPCC students will prepare and e-file tax returns for households earning less than $52,000… Continue Reading PPCC to offer free tax preparation for lower-income locals

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Ent posts $12.5 million dividend to members

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Ent posts $12.5 million dividend to members

Ent Federal Credit Union announced this week a $12.5 million special dividend distribution to its members. More than 240,000 members in good standing will receive a minimum of $25, with an additional dividend amount based on the amount of interest they paid on loans and dividends they earned on deposits last year. The average dividend… Continue Reading Ent posts $12.5 million dividend to members

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Debt higher in Colorado than national average

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Debt higher in Colorado than national average

Average consumer debt in Colorado, excluding first mortgages, declined for the third consecutive quarter to $18,816, according to the Federal Reserve Bank of Kansas City’s latest Consumer Credit Reports. In Colorado Springs, 5.2 percent of mortgages are past due, or 30 days or more delinquent, including those in foreclosure, according to the Fed. Also, 2.5… Continue Reading Debt higher in Colorado than national average

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U.S. Bank named top military-friendly employer

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G.I. Jobs Magazine named U.S. Bank one of the nation’s Top 100 Military Friendly Employers® for the fourth consecutive year. The 2015 Military Friendly Employers® represent those companies with the strongest military recruiting programs and meaningful job opportunities for transitioning service members and spouses seeking civilian employment. The ranking is featured in the December issue… Continue Reading U.S. Bank named top military-friendly employer

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