Current news for Costco members
To learn more about our complete suite of Costco services,
click on the “Services” link at Costco.com or call toll-free 1-800-220-6000.
for new auto
HERE”S ICING ON the cake for Costco
members. The Costco Auto Program (CAP)
already delivers a no-hassle, no-haggle auto
purchase service that saves time and money.
Sweetening the deal through the rest of 2009
is the American Recovery and Reinvestment
Act, signed into law in mid-February, which
contains a provision designed to stimulate
new auto purchases.
What incentives? Qualifying buyers can
deduct state and local sales taxes and excise
taxes for the purchase of eligible vehicles from
their federal income-tax returns.
Who qualifies? Individuals with an
adjusted gross income of less than $125,000
per year, or joint filers whose adjusted gross
income is lessthan $250,000per year.
What vehicles are eligible?
New-model-year vehicles on a dealer’s lot with no
prior purchase history. Purchases only; leases
are not eligible. Applies to vehicles retailing
for up to $49,500 for full tax deduction; for
more expensive vehicles, the first $49,500
would be the basis for the tax deduction.
For complete details, CAP has a summary
With many autos to choose from, CAP
can help you save money on your next vehicle
purchase. To take advantage of these special
offers and locate a participating dealer, visit
Costco.com and enter “GR8VALU” in the
search box, or call toll-free 1-800-800-9288.
Tax filing and ID theft
TAX SEASON is a lucrative time for identity
thieves. The personal information entered
on tax forms is exactly the type needed to
commit identity fraud. Last-minute filers
should heed these warnings.
• Beware of temporary businesses and
shady tax preparers who may lure stressed-out taxpayers under the guise of quick tax
prep, only to acquire personal information
with which to commit tax, credit-card or
identity fraud. If you choose not to do your
own taxes, even with the aid of a software
program such as Turbo Tax, be sure to take
them to a reputable tax preparer.
• Beware of scammers posing as Internal
Revenue Service (IRS) representatives to
trick taxpayers into revealing personal information via e-mail. Victims receive an offi-cial-looking e-mail containing a link to a
Web site that asks for name, Social Security
number and credit-card information. If you
have any doubt about whether a contact
from the IRS is authentic, call the IRS toll-free at 1-800-829-1040.
• Beware of any e-mail purporting to be
from the Social Security Administration
(SSA). If you have any doubt about whether
a contact is from the SSA, contact the SSA
toll-free at 1-800-269-0271.
In general, neither the IRS nor the SSA
requests personal information in e-mails.
Costco’s identity protection service, provided by Identity Guard®, offers affordable
peace of mind. For details, visit Costco.com
and enter “idcoupon9” in the search box.
Intuit Payroll eases stimulus tax credits
INTUIT IS MAKING it easy for employers to able time by taking care of the required
get President Obama’s economic stimulus tax changes to tax tables, withholdings and pay-credit dollars into their employees’ pockets. roll tax forms.
The more than 1 million businesses Intuit Payroll will also provide updated
using Intuit Payroll Services can take advan- tax tables at no additional cost to customers.
tage of the new tax benefits while keeping Up-to-date tax tables are a standard feature
their payroll in full compliance with the new and ongoing benefit of an Intuit Payroll sublegislation. scription. And, for employers who don’t want
The stimulus package includes new tax to have anything to do with payroll tax filings,
credits and other assistance that will require Intuit offers a payroll tax service, Assisted
changes to how payroll is calculated. It pro- Payroll, that will do it for them.
vides up to $400 of tax credits per eligible For details, go to Costco.com and enter
individual or up to $800 per eligible family. “payroll2” in the search box, or call toll-free
Intuit Payroll can help save businesses valu- 1-866-636-2228.
All services are provided by third parties, may not be available in all areas and are subject to change without notice.
Some restrictions apply. See “Services” at Costco.com for applicable terms and conditions.
Save for a rainy day
FINANCIAL EXPERTS recommend that
people have an emergency fund to help them
through tough economic times.
Saving is a habit that is often difficult to
start, but here’s a tip: A good way to kick-start
a savings program is by using an income-tax
A high-yield savings account or CD
from Capital One is a great savings vehicle.
“Costco members are looking for a great
deal, and Capital One’s Online Savings
Account rate is one of the best in the nation,”
says John Gleason, Costco services manager.
“Capital One offers a variety of savings
accounts and CDs with exclusive rates for
Capital One’s Online Savings Accounts
feature online transfers to and from other
bank accounts (withdrawal limits apply).
Money market accounts also feature free
ATM cards and checks.
Executive Members receive a bonus on
their first Capital One Direct Banking
account opened through Costco. For details,
go to Costco.com and enter “online savings” in the search box, or call toll-free