Skyla Credit Union Blog

Starting your journey as a self-employed individual or entrepreneur is an exciting step toward financial independence — but it also comes with added tax responsibilities.

Let’s face it — taxes still aren’t fun. Still groan-worthy. If you are preparing to file your 2025 taxes (you will file a return in 2026), the process may seem familiar, but there are a few updates and reminders that may be helpful prior to starting.

Taxes – the never-ending saga of adulting that most of us dread. As mentioned in a previous tax article, it's not the most exciting task to tackle. But alas, it's a necessary one.

Tax season is stressful enough without scammers trying to take advantage of taxpayers. Unfortunately, tax-related scams continue to evolve, and in 2026, fraudsters are becoming more convincing, more urgent, and harder to detect.

With all of these misconceptions about credit unions, many don’t even know the real reason why credit unions exist and what membership actually entails.

In today’s world, having multiple bank accounts is becoming increasingly popular. But there's no one-size-fits-all answer to the question of whether it's best to have multiple bank accounts. It depends on your financial situation and goals!

When you have more than enough funds in your checking account, you stay ahead of any maintenance or overdraft fees.

Ever wanted to buy that must-have item or experience—like a concert ticket, a weekend getaway, or even a new phone—without immediately feeling the pinch on your wallet? Buy Now, Pay Later (BNPL) might seem like the perfect solution. It allows you to make purchases and spread the payments over time, which can help ease that upfront cost. But before you dive in, let's explore what BNPL is, how it works, and whether it's really the best choice for your financial situation.

In an age where identity theft is increasingly common, taking proactive steps to protect your financial information is essential. According to a 2023 report by the Federal Trade Commission (FTC), over 1.4 million cases of identity theft were reported in the United States alone.