What to do with your Tax Refund
When we find out we are going to receive what might be thousands of dollars in tax refunds from the Federal or State Governments, we have two competing impulses: wants versus needs. Those that are struggling may want to give this issue serious consideration, because any windfall like tax refunds or bonuses can really help us… Read More »
Health Insurance Gap for Millions
The health insurance debate is far from over. You are going to hear a lot more about it in the next few years; during the presidential debate, as cases work their ways through the courts and the Supreme Court, and as more major provisions become effective that aren’t now. I’ve listened to much of the… Read More »
The Challenge of Low Interest Rates
Interest rates are extremely low, providing challenges for borrowers and investors alike. For potential buyers there may be the temptation to purchase things using debt, instead of saving money for things that are wanted. Renters of apartments are attracted to buy homes since interest rates are at historical lows in the ball park of 3%…. Read More »
Autos Mechanics See the Most
If you are considering a new or used car purchase you may want to check out a good article at AOL Autos “Here are the autos mechanics see the most.“
GM Chevy Volt Cancelled?
General Motors (GM) announced another “temporary” production halt for its $40,000 electric hybrid Volt car. This car was doomed to fail from the start when they priced it almost twice the cost as Toyota’s Prius. The average passenger car shopper is looking for a car that is priced similar to other cars in the size… Read More »
Special Alert-Barron’s “America’s Top 1000 Financial Advisors”
You may have heard financial advisers advertise their top Barron’s rating on the radio, but have you wondered what it means? If so read this great article from another blog…
Federal Student Loan Repayment Options
Week #4 of Dave Ramsey’s Financial Peace University: Dumping Debt was a great motivating lesson. Since that class I have received numerous questions about Federal student loans. Therefore I put together the following brief about Federal Student Loans various repayment options to foster your additional research and consulting with your advisors. Please keep in mind, this… Read More »
IRS Issues its Annual Dirty Dozen Tax Schemes 2012
The Internal Revenue Service recently issued its annual “Dirty Dozen” ranking of tax scams to remind taxpayers to use caution during tax season Identity Theft. The IRS is seeing more identity thieves using legitimate taxpayer’s identity and personal information to file a tax return to claim a fraudulent refund. If you receive an IRS notice… Read More »
Medicare Part B Premiums Increasing in 2014 247%?
There is an email circulating that claims Medicare Part B premiums will increase 247% in 2014 to $247 from the present rate of $99.90. According to the AARP website and others, this is a myth that has been circulating since 2010. A little background: Medicare is federal health insurance for those age 65 and older (and others… Read More »
New Tax on Unearned Income Coming in 2013
You may have received a chain email about a new real estate sales tax of 3.8% in the President’s health care bill. Is this true, you may be wondering? Kind of, the tax is on unearned income, and is part of ObamaCare to help generate revenues for the Medicare Trust Fund, but it only applies to a limited number of people. Starting in… Read More »
