It’s heading into tax season (we just heard you sigh). Most people truly don’t understand the use of tax deductions which sadly, means they aren’t getting all the money back that they should. Tax deductions will reduce your taxable income by accounting for expenses you’ve incurred so if you are…
It’s no joke when you talk about the water supply in Flint, Michigan. Currently, it is so contaminated with lead that it can been seen spewing out of faucets in unnatural shades of yellow and brown. Sadly, blood tests of many of the resident including children shows increased levels of…
About half of Americans own stocks. They understand the secret to getting wealthy and financially healthy. The U.S. stock market has been on steroids. It’s gained about 200% since 2009. The rich (and many people in the middle class) have figured out that you can make money without getting off…
If you have a complicated tax question or receive notice that something is wrong with your tax return, you might soon may have a hard time finding a human at the IRS who can help. This is the biggest concern flagged Wednesday by National Taxpayer Advocate Nina Olson in her annual report…
Falling oil prices might be good for your gas tank, but in the long run and for your home’s value not so much. With home prices are expected to rise around 3.5% this year, but some energy-producing states could be facing smaller gains or even an eventual decline. You…
In the wake of a very poor holiday season and retail year, Macy’s announced that they will be closing a large number of stores, as well as reorganizing current call and credit centers so they may cut staffing. The Cincinnati-based department store chain says sales fell 5.2 percent in November…
It just got a little easier for recent grads to make it in the Big Apple. It was just announced that the state will pay up to two years of student loan bills for residents who are struggling to pay down their debt. The new loan forgiveness program, called “Get…
Following the examples set by San Francisco and Seattle, 14 cities, counties and state governments approved a hike to $15 in their local minimum hourly pay, according to the National Employment Law Project. And that momentum is likely to continue in the new year. Lawmakers in 13 states and cities…
Things have changed since the Federal Reserve last hiked interest rates in June 2006. Recently, Interest rates have been near record lows for a while, but just like social media changes weekly, that landscape is changing. Fed Chair Janet Yellen told Congress back in November that a December interest rate hike…
There’s a lot of data out there this coming week and here’s what we are playing close attention too: 1. U.S. retail sales report This wee the Commerce Department will publish data regarding November retail sales at 8:30AM EST Friday. The forecast will show more than likely that retail sales…