California Earned Income Tax Credit (CalEITC)

Español

Its Your Money.

The California Earned Income Tax Credit (CalEITC) is now bigger and better!

This cash-back credit is designed to put money in the pockets of low-income working families and individuals. Claiming this credit is easy. Eligible taxpayers just need to file a state tax return.

Many more families are now eligible for the credit.

Starting with the 2017 tax year, families earning up to $22,300 may qualify for CalEITC, which is a dramatic increase of the upper income limit over past years.

Plus, for the first time, those who earned self-employment income in 2017 may qualify.

If you do not owe taxes, CalEITC will provide you with a tax refund when you file your return. If you owe taxes, CalEITC reduces the amount of taxes you might owe and may allow you a refund when you file your taxes.

CalEITC, created by the Governor and Legislature as a supplement to the federal EITC, took effect starting with 2015 tax returns.

CalEITC eligibility requirements vary by tax year. Scroll down to see income requirements for the 2017, 2016, and 2015 tax years.

Free help is also available at free tax return prep sites around the state, beginning in late January and running through Tax Day in April. Find a free tax prep location near you at CalEITC4Me.org.

If you filed your 2015 and 2016 state returns and think you may qualify for CalEITC, you may amend your return. Consider contacting your professional tax preparer, or follow these instructions (20152016) to fill out a Form 540X (20152016) and Form 3514 (20152016) to claim the credit.

To determine your eligibility by tax year: 2017 | 2016 | 2015

FTC: How the FTC keeps up on technology

How the FTC keeps up on technology

Because the FTC’s consumer protection and competition missions cut across so many technology industries, some call it the “Federal Technology Commission.” With only a few exceptions, the FTC protects consumers and competition across the entire economy. Technology now pervades every industry, so we constantly encounter new technologies as part of our job. See the bottom of this post for an extensive list, with links to examples, of technologies and industries where the FTC has experience or expertise.

Can the FTC effectively pursue its missions across such a diverse range of tech-heavy industries? Yes, for three reasons. First, our deep expertise in evaluating harm to consumers and to competition applies in every industry. Second, our significant internal technological proficiency helps us evaluate such harms in tech-heavy industries. Third, the FTC supplements its own resources with outside experts, including by coordinating with other government agencies. Let me expand on each reason.

As an enforcement agency, the FTC focuses on outcomes: we are experts at identifying acts and practices that cause harms to consumers and competition. Interactions with customers and with competitors are part of the practices of every company, in every industry. The FTC does not micromanage these practices. Instead, we evaluate the conduct of companies to see if they live up to the promises they made to consumers. We also assess whether companies engage in other acts and practices that cause harm to consumers and competition. Harms to consumers and harms to competition often follow similar patterns across the economy. Therefore, each time we encounter a new industry or technology, we start with tried-and-true tools and applicable knowledge.

Of course, to apply these tools FTC staff must have or acquire familiarity with the technologies involved in each case. Fortunately, the FTC has significant internal expertise or experience with many technologies. Our investigators expertly review technical documents and analyze volumes of data to evaluate company behavior and potential consumer injury. Our Office of Technology Research and Investigation employs technologists to support tech-focused investigations and produce original technical research. Our Tech Lab provides undercover Internet access and innovative tools to support technical investigations and capture evidence. And the number-crunching experts in our Bureau of Economics use big data techniques to model markets and assess consumer injury.

When the FTC needs more complex and richer information about specific industry or technology, we supplement our internal technological proficiency using two methods. First, we hire consulting and testifying experts to help us develop and litigate cases. Many of these experts are academic or research leaders in their fields. Second, we work with other agencies, such as the FDA, NHTSA, the FCC, HHS, and others that have specific subject matter expertise. The FTC has Memorandums of Understanding with many agencies explaining how the parties collaborate and share information. Our relationships with other agencies help us develop cases as well as advance other agencies’ missions.

In sum, we’re still the Federal Trade Commission, but “Federal Technology Commission” is a good nickname. The FTC can ably cover such a wide range of technologies because we specialize in evaluating the effects of company practices on consumers and the competitive process. We have significant internal expertise or experience, and we draw on external expertise when needed.

Over many decades, the FTC has successfully used this approach to protect consumers and the competitive process. We’ve done so across a wide range of technologically complex industries, as demonstrated by the list below. And the FTC will continue to use this approach to protect consumers and the competitive process as technology evolves.

Industries or technologies where the FTC has acted to protect consumers and the competitive process:

Adware/spyware
Aerospace
Aircraft engines
Anticompetitive bias
Apps and app development
Artificial Intelligence
Big Data
Connected cars
Crowdfunding
Cryptocurrency
Cybersecurity
Data collection
Data security
Data storage
Defense industry
Digital content-sharing platforms
Digital rights management
Drones
Education technology
Facial recognition
FinTech
Healthcare patents
Internet advertising networks
IoT
Launch vehicles
Licensed chips
Life sciences
Marketplace lending
Medical devices
Missile components
Mobile payments
Mobile phone cramming
Mobile phones
Mobile traffic throttling
Online gambling
Peer-to-peer payments
Pharmaceuticals
Pricing practices
Ransomware
Retail tracking
Robocall blocking technology
Semiconductors in a wide range of markets
Sharing Economy
Simulation software
Smart TVs
Tech support scams
Video gaming

FTC Alerts Consumers: If Scammers Had You Pay Them Via Western Union, You Can Now File a Claim to Get Money Back

FTC Alerts Consumers: If Scammers Had You Pay Them Via Western Union, You Can Now File a Claim to Get Money Back
Company paid $586 million to settle charges

The Federal Trade Commission is alerting consumers who lost money to scammers who told them to pay via Western Union’s money transfer system between January 1, 2004 and January 19, 2017, that they can now file a claim to get their money back by going to FTC.gov/WU before February 12, 2018.

The refund program follows a settlement with the Western Union Company, which in January 2017 agreed to pay $586 million to resolve charges brought by the FTC and the U. S. Department of Justice. The FTC alleged that fraudsters were able to use Western Union’s money transfer system to get payments from their victims, even though the company was aware of the problem and received hundreds of thousands of complaints about fraud-induced money transfers made for fraudulent lottery and prizes, family emergencies, advance-fee loans, online dating and other scams. The company also allegedly failed to promptly discipline problem Western Union agents, and failed to have effective anti-fraud policies and procedures.

Affected consumers should go to FTC.gov/WU to file claims, learn more, or get updates on the claims process – this infographic describes the process for filing a claim.

Some people who have already reported their losses to Western Union, the FTC, or another government agency will receive a form in the mail from the claims administrator, Gilardi & Co. The form will have a Claim ID and a PIN number to use when filing a claim online via FTC.gov/WU. Gilardi was hired by Justice Department, which is responsible for returning victims’ money as part of its settlement with Western Union.

Filing a claim is free, so consumers should not pay anyone to file a claim on their behalf. No one associated with the claims process will call to ask for consumers’ bank account or credit card number.

The FTC’s case was investigated with the assistance of the U. S. Department of Justice, the U.S. Postal Inspection Service, the Federal Bureau of Investigation, the Toronto Police Service Financial Crimes Unit, the Canadian Anti-Fraud Centre, the Royal Canadian Mounted Police, the Spanish National Police, and the Offices of the Attorney General for Arizona, Minnesota, and Vermont.

DON’T Miss this Opportunity! Financial Education Trainer Convening, Resource Fair and Workshop in San Diego

Event Flyer at http://www.dbo.ca.gov/Consumers/Education_Outreach/pdf/Financial%20Resource%20Fair%20Nov%202017%20edited.pdf

AGENDA

DBO Financial Education Trainer Convening, Resource Fair and Workshop in San Diego
Friday, November 17, 2017 – 8:00 am to 1:00 pm
State of California
1350 Front Street, Eshleman Auditorium, Room 6003
San Diego, CA 92101

RSVP on Eventbrite!
https://www.eventbrite.com/e/dbo-financial-education-trainer-convening-resource-fair-and-workshop-in-san-diego-tickets-38769693196

Join Department of Business Oversight (DBO) for a convening on Friday, November 17 to discuss new campaigns, initiatives and resources regarding saving, credit and debt, homeownership, retirement planning, elder financial abuse, and financial fraud prevention. This convening will provide an opportunity for local community-based organizations, financial institutions and government agencies to collaborate regarding financial education, consumer protection and community outreach in San Diego.

Welcome!

8:00-8:30 – Registration, Refreshments, Networking

8:30-9:30
• California Department of Business Oversight (DBO)
• California Bureau of Real Estate (CalBRE)

9:30-11:00 – Introductions and Updates by Community Partners (local community-based organizations, financial institutions and government agencies):

• Arnexa
• CalHR SavingsPlus
• Housing Finance Agency (CalHFA)
• Keep Your Home California
• ScholarShare 529 College Savings Plan
• Dept. of Tax and Fee Administration – formerly the BOE
• and others…

11:00-12:00 – Interactive/Hands-on Interpersonal Communications TuneUp
Cath DeStefano, Human TuneUp Company, San Diego CA

12:00 -1:00 – CalHR Savings Plus 401k/457 Retirement Workshop: Saving for the Future
Register on the CalHR website https://checkappointments.net/appts/ZKabIRDahe

Alana Golden, Director for Education and Outreach
alana.golden@dbo.ca.gov
916-323-7012

Help for Victims of the October 1, 2017 Las Vegas Attack


Help for Victims of the October 1, 2017 Las Vegas Attack

The California Victim Compensation Board (CalVCB) can help pay bills and expenses that resulting from violent crime. Victims of crime who have been injured or have been threatened with injury may be eligible for help.

Download Application

If you or a family member were at the Route 91 Harvest Festival attack on Sunday, October 1, we may be able to help you pay for expenses such as medical bills, funeral expenses, mental health treatment, or lost wages. You may apply for help whether or not you were injured in the attack. Even if you have no expenses today, we encourage you to apply now in case you incur expenses in the future, such as counseling.

Call CalVCB at 1-800-777-9229 for assistance.

Learn about common reactions after trauma. Stay informed and get the help you need.

This application has two signature pages, one for the California program and one for the Nevada program. When you submit this application to CalVCB, you will be applying to both programs, and CalVCB will work directly with the Nevada compensation program to assist you. You do not need to fill out another application for Nevada.

You can contact any local victim advocate for help with the application, or you can simply fill it out, print it, sign it, and send it to CalVCB via fax or regular mail:

California Victim Compensation Board
P.O. Box 3036
Sacramento, CA 95812-3036

Fax: (833) CALVCB-0 (225-8220)

Learn how you can help the investigation into the attack and find more resources for victims on the FBI’s page on the Las Vegas attack.

California Survivors of Las Vegas Mass Shooting Can Apply To State for Help

California Survivors of Las Vegas Mass Shooting Can Apply To State for Help

Residents Eligible for Mental Health Treatment, Medical Expenses, Funeral and Burial and More

Sacramento, CA — mass shooting at the Route 91 Harvest Music Festival on Sunday, October 1 in Las Vegas to contact them at 1-800-777-9229 for assistance, guidance and aid.

Help is available for survivors of those who were killed, anyone who was injured and those in attendance at the concert, as well as their immediate family members.

CalVCB can help pay for funeral expenses, medical bills, mental health treatment, lost wages and more. Applications are available on CalVCB’s website.

CalVCB can also help victims and their families apply to both the California Victim Compensation Program and the Nevada Victim Compensation Program, in order to maximize the benefits available in each state.

Survivors and family members are encouraged to apply now, regardless of whether or not expenses have been incurred.

For those who would like assistance in applying, or want to know more about resources available, contact your local victim advocate.

###

The California Victim Compensation Board (CalVCB) provides compensation for victims of violent crime who are injured or threatened with injury. Among the crimes covered are domestic violence, child abuse, sexual and physical assault, homicide, robbery, and vehicular manslaughter. Last fiscal year, the program received nearly 52,000 applications and provided over $53 million in compensation to crime victims.

If a person meets eligibility criteria, CalVCB will compensate many types of services when the costs are not covered by other sources. Eligible expenses include medical and dental care, mental health services, income loss, funeral expenses, rehabilitation and relocation. Funding for CalVCB comes from restitution fines and orders, penalty assessments levied on persons convicted of crimes, traffic offenses and federal funds.

FDIC Money Smart for Young People


Money Smart for Young People

Vea esta página en español https://www.fdic.gov/consumers/consumer/moneysmartsp/young.html

The FDIC’s new instructor-led Money Smart for Young People series consists of four free individual grade-level curriculum available for immediate download below. The materials are available for immediate download.

Video Overview https://youtu.be/1_0Z99U3m8Q

Grades Pre-K-2
Download https://catalog.fdic.gov/money-smart-young-people-pre-k-grade-2-downloadable

Grades 3-5
Download https://catalog.fdic.gov/money-smart-young-people-grades-3-5-downloadable

Grades 6-8
Download https://catalog.fdic.gov/money-smart-young-people-grades-6-8-downloadable

Grades 9-12
Download https://catalog.fdic.gov/money-smart-young-people-grades-9-12-downloadable

The innovative standards-aligned curriculums can be incorporated into subjects such as English language arts, Mathematics and Social Studies.
Special features of each curriculum are:
Multiple lessons that can be taught alone or in combination;
Ideas for grade-level modification;
Real-life exercises and examples;
Suggestions for optional books or online games/tools that can reinforce student understanding; and
Parent and Caregiver guides to engage parents.
Additional Resources for Educators:

The Teacher Online Resource Center offers teachers videos and other resources from the FDIC and the CFPB to help teach children from Pre-K through age 20 about money and other financial topics.

Other Money Smart Products for Youth

The FDIC’s Money Smart for Young Adults curriculum helps youth ages 12-20 learn the basics of handling their money and finances, including how to create positive relationships with financial institutions. Each of the eight instructor-led modules includes a fully scripted instructor guide, participant guide, and overhead slides. The materials are fully scripted to allow you to pick up the guides and begin teaching without having previous teaching experience or extensive subject matter expertise. The curriculum is available for Download and distributed on CD.

Money Smart for Elementary School Students introduces key personal finance concepts to children ages 5-8. This resource includes age-appropriate activities designed to teach children about “paying yourself first,” “wants versus needs,” and other important lessons. Money Smart for Elementary School Students offers a manual for use by anyone leading a discussion with a group of youngsters and a coloring/activity book for the students. This resource was created to meet the needs of bankers and their community partners and is for use in the classroom or at home. The Instructor Guide (1MB) and Student Activity Book (5MB) are available for immediate download.

For questions or comments about the content of the Money Smart curriculum contact communityaffairs@fdic.gov. For information on how the curriculum can be used within your community, please contact your FDIC Community Affairs Officer.

FTC:The Equifax Data Breach: What to Do

FTC: The Equifax Data Breach: What to Do

 SHARE THIS PAGE

If you have a credit report, there’s a good chance that you’re one of the 143 million American consumers whose sensitive personal information was exposed in a data breach at Equifax, one of the nation’s three major credit reporting agencies.

Here are the facts, according to Equifax. The breach lasted from mid-May through July. The hackers accessed people’s names, Social Security numbers, birth dates, addresses and, in some instances, driver’s license numbers. They also stole credit card numbers for about 209,000 people and dispute documents with personal identifying information for about 182,000 people. And they grabbed personal information of people in the UK and Canada too.

There are steps to take to help protect your information from being misused. Visit Equifax’s website, www.equifaxsecurity2017.com.

  • Find out if your information was exposed. Click on the “Potential Impact” tab and enter your last name and the last six digits of your Social Security number. Your Social Security number is sensitive information, so make sure you’re on a secure computer and an encrypted network connection anytime you enter it. The site will tell you if you’ve been affected by this breach.
  • Whether or not your information was exposed, U.S. consumers can get a year of free credit monitoring and other services. The site will give you a date when you can come back to enroll. Write down the date and come back to the site and click “Enroll” on that date. You have until November 21, 2017, to enroll.
  • You also can access frequently asked questions at the site.

Here are some other steps to take to help protect yourself after a data breach:

  • Check your credit reports from Equifax, Experian, and TransUnion — for free — by visiting annualcreditreport.com. Accounts or activity that you don’t recognize could indicate identity theft. Visit IdentityTheft.gov to find out what to do.
  • Consider placing a credit freeze on your files. A credit freeze makes it harder for someone to open a new account in your name. Keep in mind that a credit freeze won’t prevent a thief from making charges to your existing accounts.
  • Monitor your existing credit card and bank accounts closely for charges you don’t recognize.
  • If you decide against a credit freeze, consider placing a fraud alert on your files. A fraud alert warns creditors that you may be an identity theft victim and that they should verify that anyone seeking credit in your name really is you.
  • File your taxes early — as soon as you have the tax information you need before a scammer can. Tax identity theft happens when someone uses your Social Security number to get a tax refund or a job. Respond right away to letters from the IRS.

Visit Identitytheft.gov/databreach to learn more about protecting yourself after a data breach.

 

 What To Do After a Data Breach
Did you get a notice that says your personal information was exposed in a data breach? Visit IdentityTheft.gov/databreach to learn what you can do to protect your identity.

September 15 to October 15 is National Hispanic Heritage Month

September 15 to October 15 is National Hispanic Heritage Month

Hispanic Heritage Month marks an opportunity for you to help your community.

Help spread the word about reporting fraud, talking about scams, and the resources available to everyone to help stop it.

For tools and tips in Spanish, visit:

CA Department of Business Oversight’s (DBO) Protect Yourself From Fraud Booklet in Spanish

Federal Trade Commission (FTC) consumer education information in Spanish, order publications

Financial Planning Days coming to cities near you!

Financial Planning Days coming to cities near you!

“WE GREATLY ENJOYED TALKING TO FINANCIAL PLANNERS ONE-ON-ONE IN A NO-PRESSURE ENVIRONMENT.”

Costa Mesa, CA
Orange County Financial Planning Day
October 14, 2017

San Rafael, CA
Marin Financial Planning Day
November 4, 2017

Los Angeles, CA
Los Angeles Financial Planning Day
October 28, 2017

Rosemead, CA
Rosemead Financial Planning Day
October 14, 2017

San Francisco, CA
San Francisco Financial Planning Day
October 28, 2017

West Sacramento, CA
Greater Sacramento Financial Planning Day
October 21, 2017

Find details including location and time and how to register at http://financialplanningdays.org/find-an-event

“I JUST WENT WITH SOME GENERAL QUESTIONS AND GOT SOME GREAT
INSIGHT. I LIKED THAT THERE WERE NO PUSHY SALES PEOPLE.”