News

As we’ve discussed in previous issues of Money Watch, millions of Americans are not saving the right amount forretirement—most people just aren’t saving enough. But what about those who think they... Continue Reading

Economic times are turbulent with the sub-prime lending issues, a struggling real estate market and the occasional mention of an all-out recession. Investors can get a little uneasy about retirement savings in... Continue Reading

Absolutely! Bad credit is both stressful and costly, but you can take steps to repair it. Following are a few steps to follow: Stop Using your credit cards and don’t apply for any new ones. One of the worst... Continue Reading

A new first-time homebuyer credit of up to $7,500 has been designed by Congress to entice middle-class taxpayers to get off the sidelines and buy their first home. This temporary tax credit applies for homes... Continue Reading

Americans as a whole are very generous. Each year Americans donate billions to charities in the form of cash and non-cash contributions. Charitable contributions of non-cash property pose special problems for... Continue Reading

With talk of gas prices climbing, the idea of telecommuting is becoming more and more appealing to many employees. However, it can be hard for employees to convince their employer that this is an effective... Continue Reading

Homeowners who over-extended themselves with creative financing arrangements and exotic loan terms are now facing some unpleasant and unanticipated provisions of the Tax Code. Not only are homeowners with the... Continue Reading

Effective July 1, 2008, the IRS raised the standard business mileage rate to 58.5 cents. With gas prices hitting all-time highs, businesses should evaluate whether this sufficiently reimburses travelers, or... Continue Reading

At the end of May 2007 new tax legislation was signed into law. The following are some of the highlights (and lowlights) of the new legislation: Small Business Expensing. The new law extends and expands... Continue Reading