President Obama’s envisioned tax reforms could hurt wealthy retirees. On Capitol Hill, a rough consensus is starting to emerge: a feeling that the corporate tax rate should be reduced to help U.S. firms stay globally competitive. At the same time, President Obama’s 2013 federal budget proposes...
How does the President want to modify tax rates? The wealthiest taxpayers could be hit hard if the tax hikes in President Obama’s 2013 federal budget proposal become law. The good news is that the tax changes outlined by the President in mid-February may be softened...
WEEKLY QUOTE“In times of rapid change, experience could be your worst enemy.”- J. Paul Getty WEEKLY TIP If you are getting married and want to buy a home, consider setting up a wedding registry that collects money specifically for a down payment. WEEKLY RIDDLE What item binds two people yet touches...
The frenzy is building. Should you care? Anticipation is high. Facebook filed an S-1 form with the Securities and Exchange Commission on February 1, taking its first big step toward going public. It aims to raise $5 billion through its upcoming IPO. Some of the details...
The economy grew 2.8% in Q4, but that doesn’t tell the whole story. Our economy is reasonably healthy… or is it? By the initial estimate of the Bureau of Economic Analysis, America’s fourth-quarter GDP was +2.8%, not bad, but not what economists anticipated.1 How could the best...
WEEKLY QUOTE“A successful person is one who can lay a firm foundation with the bricks that others throw at him or her.” - David Brinkley WEEKLY TIP When it comes to couples and money, a plan is better than an assumption. Discuss your financial goals together and stick to the...
WEEKLY QUOTE “A mistake is to commit a misunderstanding.” – Bob Dylan WEEKLY TIP As you shop for groceries, how many impulsive purchases do you make? Impulsive buying might negate the dollars you are saving through coupons and preferred customer cards. WEEKLY RIDDLE A librarian finds that pages have been ripped out of a...