Don’t panic if the IRS sends you a letter
There are many reasons why the Internal Revenue Service could be contacting you. Some contacts involve very minor corrections; some are for serious changes that [...]
Capital gains and losses: New twists for 2012
The end of the year is the traditional time for securities investors to "harvest" capital losses for federal income tax purposes. But there's an added [...]
Should a freshman in college have a credit card?
Should you send your child off to college with a credit card? Opinions are divided, both among parents and financial advisors. It's a situation that [...]
What’s more important – saving for children’s college or your retirement?
A college education. Retirement. What do these major life events have in common? One shared characteristic is that each comes with a price tag. Here's [...]
Don’t let the tax tail wag the economic dog
Some tax-cutting strategies make good financial sense. Other tax strategies are simply bad ideas, often because tax considerations are allowed to override basic economics. Here’s [...]
Supreme Court rules on health care law
On June 28, the Supreme Court ruled that the "Patient Protection and Affordable Care Act of 2010" was constitutional, including the provision in the law [...]
Tax rules apply to family loans
There are many worthwhile reasons to lend money to a relative. For example, you may want to help a child or sibling continue their education [...]
Watch out for bogus e-mails
The e-mail from your bank gets your attention right away. It says you need to log into your account in the next 48 hours to [...]
Who needs to make quarterly income tax payments?
Any taxpayer that has income that is not subject to withholding may need to make quarterly estimated income tax payments. If you have just started [...]
Before the wedding, talk about your finances
Spring and summer -- the wedding season is upon us. Before walking down the aisle, take a minute to consider a serious matter. Couples often [...]
