WASHINGTON NEWS Tax Refund Scam Calls Down 90% The Treasury Inspector General for Tax Administration (TIGTA) reported good news on the federal government’s efforts to combat tax fraud. On October 27, the US published indictments for more than 50 persons operating five call centers in Ahmedabad, India. The US government claimed that these call centers […]
Weekly Market Wrap: US Stocks moved higher for the third straight week as manufacturing and housing data were strong this week. For The Week The S&P 500 gained 1.44% to 2,213.35 Oil added 0.28% to $46.49 Gold dropped 2.13% to $1,182.33 The US Dollar rose 0.14% at $101.46 against other major world currencies. […]
If you provide home-based care to a loved one, you are not alone. Millions of Americans provide unpaid family care every year. Being a caregiver can be overwhelming, particularly if you are juggling other responsibilities, such as working or raising a family. Knowing where to turn for help can make a difference — both in […]
WASHINGTON NEWS IRS Tips on Year-End Planning As the year races toward December 31st, the IRS offered helpful tips to taxpayers in IR-2016-150. Good planning in November and December will facilitate filing your 2016 tax return next April. 1. Documents – You can expect your W-2’s and 1099’s early in 2017. You should retain a […]
Weekly Market Wrap: US Stocks moved higher for the second straight week as the election rally continued and retail sales beat expectations. For The Week The S&P 500 gained 0.81% to 2181.90 Oil surged 6.80% to $46.36 Gold fell 1.52% to $1,208.11 The US Dollar rose 2.28% at $100.32 against other major world currencies. […]
Buying something on credit can be significantly more expensive than paying cash when you figure in the cost of borrowing the money for the purchase. Many people find that saving the money beforehand is a more efficient strategy. Here’s a checklist that can help you along the way. Getting started Estimate how much money you […]
WASHINGTON NEWS IRS Approves Hurricane Matthew Leave-Donation Program In IR-2016-146, the IRS encouraged employers to promote leave-based donation programs for victims of Hurricane Matthew. Hurricane Matthew devastated coastal sections of Florida, Georgia, South Carolina and North Carolina from October 5-9 of 2016. It caused over $5 billion in property damage and 49 Americans lost their […]
Weekly Market Wrap: US Stocks surge in a volatile election week and a surprising Trump win. For The Week The S&P 500 gained 3.80% to 2164.45 Oil fell 1.50% to $43.41 Gold dropped 6.01% to $1,226.70 The US Dollar rose 2.18% at $99.06 against other major world currencies. 2016 Year-To Date for the […]
November 1, 2016 kicked off the Health Insurance Marketplace open enrollment season! Open enrollment for 2017 coverage runs from November 1, 2016 through January 31, 2017. To start the New Year with coverage you must enroll by December 15, 2016. During open enrollment this year, the U.S. Department of Health and Human Services expects over […]
As the end of the year draws near, the last thing anyone wants to think about is taxes. But if you are looking for ways to minimize your tax bill, there’s no better time for tax planning than before year-end. That’s because there are a number of tax-smart strategies you can implement now that will […]
