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Nearly every man who develops an idea works it up to the point where it looks impossible, and then he gets discouraged. That's not the place to become discouraged.
Thomas Edison Categories
Tag Archives: 2010
Unemployed during 2010? These tax tips may apply
If you were among the millions out of work at any point in 2010, your tax return may look quite different this year.
Many people fail to realize that they must pay taxes on unemployment benefits. For 2010 all unemployment benefits received will be considered taxable income. That is a big change from 2009 when a temporary exemption was granted for the first $2,400 received. Read More
Start thinking now about 2010 taxes
It’s not too early to start thinking about your 2010 taxes — even though the deadline for filing 2009 returns is still months away.
Some of the credits and deductions put in place last year will continue. Others will disappear. And there are some new things to consider.
“That’s why very, very few people do their own tax returns and why those who do end up using a computer program,” said Jeff Schnepper, MSN Money tax expert. “Our laws change about every year.” . . . read more Read More
Growth stocks regain favor after value’s long run
Growth is in, value is out. And it’s likely to stay that way this year.
Investors who loaded their portfolios with growth stocks were rewarded in 2009. Those stocks gained an average 37 percent, nearly twice as much as value stocks.
Growth’s notable performance was largely fueled by technology stocks, the biggest part of the growth category. Experts say those companies will continue to prosper as customers ramp up tech spending coming out of the recession. But experts caution a tech rally as big as last year’s is unlikely . . . read more Read More
Business owners are making New Year’s resolutions
Small business owners aren’t just putting together budgets and sales projections as 2010 approaches: Like the rest of us, they’re making some New Year’s resolutions.
These goals aren’t about losing weight or exercising more. Business owners are resolving to fix problems in their companies or come up with ideas for working smarter in the new year.
Here’s a sampling of resolutions made by small business owners . . . read more Read More
Few Called Market Turn, Fewer Predict It Will Last
Few analysts forecast 2009′s remarkable stock market rebound as major indexes were plunging to 12-year lows last March. Now, with most experts predicting the pace of stocks’ gains will slow in 2010, there’s reason to believe they will be proven correct . . . read more Read More
Economist Survey
The latest survey of 47 national economists (including yours truly) by the National Association for Business Economics was conducted in recent weeks and formally released on Monday, February 23. As one might expect, it was not pretty.
The consensus view has deteriorated sharply when compared to prior forecasts, which are conducted three times annually. “The steady drumbeat of weak economic and financial market data have made business economists decidedly more pessimistic on the economic outlook for the next several quarters,” noted Chris Varvares, the current president of the group. “While a few reports offer some glimmer of hope, a meaningful recovery is not expected to take hold until next year.” Read More
