Starting In 2010 IRS Will Issue Tax Refunds As Savings Bonds

Saturday, March 6, 2010, 1:05 AM | Leave Comment

You read it right. Starting in 2010, the IRS will issue tax refunds in the form of savings bonds. That’s an incentive from the government for you to accept the offer or reject it. Most people historically, given a choice when they get the tax refund, will spend all of it or most of it. […]



11 Tips How And Why To Resign From Congressional Posts

Wednesday, March 3, 2010, 4:52 PM | 1 Comment

How to resign from Congressional posts is easy. You call a press conference. You say “I want to resign and then resign.” Give your resignation to the Speaker of the House or I am guessing now, to the President of the Senate if you are a Senator. Who controls the Senate and the House? You […]



5 Health Insurance Tax Tips For The Self-Employed

Wednesday, March 3, 2010, 12:33 AM | 7 Comments

If you are self-employed and are managing your business either from home or have rented space, you can take steps to minimize your tax-bite for your health insurance. You can take advantage of IRS-implemented but Congress-designed clauses about how and under what circumstances you can take deductions for your health insurance. You can take advantage […]



Tips To Keep Your Money Safe When Traveling Overseas

Tuesday, March 2, 2010, 12:14 AM | 1 Comment

When you travel overseas, you must keep your money safe if you do have to take large sum with you. Instead of cash, experts advise to carry traveler’s checks, the most frequently used are those issued by American Express. Don’t completely rely on cash. You carry credit cards in the United States, frequently more than […]



Understanding The Essence Of Your Property Tax

Monday, March 1, 2010, 12:25 AM | Leave Comment

Your property tax, as you might very well know, is a big source of public safety [police, firefighters, etc.], schools, roads, libraries, and other services in your town and almost all American communities. During the last few decades, on and off, there have been efforts to stop more increase in local property taxes in the […]



Corporate Taxes Less Than One-Third Of Individuals In 2008

Sunday, February 28, 2010, 2:01 PM | Leave Comment

I was surfing yesterday [Internet surfing is the most I do – too scared of water] and I came across a site “The Center on Budget and Policy Priorities.” It has given an example of the 2008 federal budget in terms of spending and financing. Something caught my eye on the graph for financing the […]



Millions Of Households Cannot Qualify For Refinancing

Saturday, February 27, 2010, 12:39 AM | 4 Comments

Refinancing for millions of households is next to impossible for the best interest rates. Statistics show that half of the nation’s borrowers have mortgages with rates above 6 percent even though the average rate on 30-year, fixed-rate mortgages has been about 5 percent for most of the past year, according to research firm First American […]



Put Wide-Ranging New Tax Provisions To Your Advantage

Friday, February 26, 2010, 7:23 AM | 5 Comments

By now, you should have received your W-2, 1099’s and all documents that will help you do your tax calculations and then filing. If you have, then it’s time to start tackling your taxes, at least the preliminary data entry, either using tax software or doing it manually with paper and pencil. For your convenience, […]



Making $350,000 Yearly Can Make You Millionaire

Thursday, February 25, 2010, 6:19 AM | Leave Comment

You can be a millionaire if you are making at least $350,000 a year. The years it will take you depend on how much you save and how much you spend. If you want to be one and stand shoulder-to-shoulder with your new peers, then spending less than you make is one way to do […]



Credit Card Issuers May Have New Traps Up Their Sleeves

Tuesday, February 23, 2010, 6:32 AM | 1 Comment

The new credit card law, passed by Congress last year, is dubbed Credit Card Accountability Responsibility and Disclosure Act of 2009 and went into effect yesterday, February 22. Because of certain clauses, it has been reported in the media, the credit companies may lose billions of dollars a year in late fees and interest charges […]