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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: taxes
Earned income tax credit is often overlooked
One out of five taxpayers eligible for a key tax credit don’t claim it on their federal returns. More than 26 million workers received earned income tax credits averaging $2,240 last year — but roughly 6.5 million left potentially thousands of dollars on the table by skipping the credit. Read More
Family Finance: Claiming those who depend on you
Is your unemployed college graduate “occupying” your couch? Has your elderly parent moved in with you, or are you paying for an assisted living facility? If so, these issues likely have stirred up a host of emotional and financial issues in your home. They may also impact your taxes. Read More
Individual, capital gains rates unchanged for 2012
As Americans receive their first paychecks of the new year, there are some tax provisions they can count on. Individual tax rates will be the same for 2012 as they were in 2011, as will the 15 percent maximum tax rate on capital gains. Read More
Filing your taxes: There’s an app for that
For the taxpayer on the go trying to file a return quickly and easily, there’s an app for it. “We’re trying to anticipate and follow trends you see in the real world,” said Bob Meighan, a vice president at TurboTax. Read More
A taxpayer’s nightmare: the IRS audit
It’s a taxpayer’s worst nightmare: the letter in the mail from the Internal Revenue Service. “It creates a lot of anxiety,” said Bob Meighan, a vice president at TurboTax, the tax preparation software. Read More
Heard Off The Street: Real Assets – Private or Public?
Investor interest in “real assets” has risen relentlessly during the financial crisis and its aftermath. By real assets we mean claims on the value of tangible items such as timber, oil, soybeans, copper and the like (as well as the companies that own them) or claims on changes in the value of inflation-linked assets (such as Treasury inflation-protected securities, or TIPS). Read More
End-of-the-year taxes: 8 tips to help you save
The decorations are up, the shopping is underway and holiday parties line the calendar. That means it’s time to think about your tax bill. A little effort now could add to the list of what you have to celebrate. Read More
7 year-end tax tips for mutual fund investors
A surge of cashflow into a business can make it seem like a powerhouse. Yet its bottom line might be underwhelming after taxes and other expenses are figured in. The same can hold true with investing. Read More
It’s open (enrollment) season on tax savings
Grumbling about taxes is a national preoccupation. Yet workers forgo thousands of dollars in tax savings every year. Read More
Wall Street’s ride compounds states’ pension fears
Wall Street’s volatility has hit state pension funds just as they were beginning to recover from the recession. Read More
No New Taxes? Think Again
At the time of this writing President Obama and congressional leaders of both parties have evidently agreed to a framework for a budget deal that would cut trillions of dollars in federal spending over the next decade and clear the way for an increase in the government’s borrowing limit. Read More
5 ways to be smart about back-to-school shopping
Prices on back-to-school items from socks to notebooks are rising 10 percent on average, but there are lots of great deals — and new ways to find them. Read More
IRS eases liability rule for spouse’s tax debt
The Internal Revenue Service is making it easier for some “innocent spouses” to escape responsibility for the tax debt of their husband or wife. Read More
Getting a Grip on TIPS
It is no secret that the cost of living in the United States seems to be ever on the rise. Read More
A Tale of Two Strategies: Bond Funds vs. Individual Bonds
In fixed income investing there is an on-going debate over the advisability of investing in bond funds versus investing individual bonds. Investment professionals on both sides of the argument have persuasively outlined the advantages and disadvantages of either approach. Read More
