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Federal Income Tax Tables and Rates For 2014 Tax Season 23 Aug 2013 | 11:26 am
April 15th 2014, or the 2013 tax filing due date, is not that far away. Which means its time to do some serious tax planning so that by year end you maximize your income while minimizing your taxes du...
You Actually Are Poorer Now Than You Were in 2008 22 Aug 2013 | 06:14 am
According to an analysis conducted by two former census bureau officials median income for the average American is still around 6 percent lower (after adjusting for inflation) than when the recession ...
3 Years of Economic Growth – Are You Feeling The Prosperity? 1 Aug 2013 | 01:40 am
The chart below shows that the American economy, based on the latest GDP data, has been growing consistently higher for the last three years. Coupled with the stock market reaching new highs one may a...
How Much Higher Will Mortgage Rates Go This Year 18 Jul 2013 | 06:06 am
With the tapering of the Fed’s Quantitative Easing (QE) program, economists are predicting that rates will continue rising for the remainder of 2013. This is based on the dramatic rise of the 10 year ...
2013 Itemized Medical Deduction Limit Increase 11 Jul 2013 | 08:14 pm
A little heralded change is now in effect that could impact your deductible health care expenses when you file your 2013 taxes in 2014. It relates to the itemized medical deduction limit for claiming ...
Stopping Unfair, Deceptive, or Abusive Acts or Practices in the Collection of Consumer Debts 11 Jul 2013 | 02:58 am
The Consumer Financial Protection Bureau (CFPB) has issued a very useful and timely bulletin around the rights of consumers and agencies when it comes to debt collection practices in context of laws e...
The Financial Consequences of the 2013 Immigration and Path to Citizenship Bill 10 Jul 2013 | 06:34 am
The Congressional Budget Office (CBO) has analyzed the recently passed Senate immigration bill – S744, Border Security, Economic Opportunity, and Immigration Modernization Act – that reforms the natio...
2014 SNAP (Food Stamp) Program Facing Billions in Spending Cuts as Farm Bill Debate Rages 10 Jul 2013 | 02:37 am
Millions of Americans who rely on Food stamp payments, provided under the Supplemental Nutrition Assistance Program (SNAP), could be in limbo after September 30th if the House and Senate cannot reconc...
Simpler and Smarter Investing With a 3 Index Fund Portfolio. Choosing Between Vanguard and Fidelity Equity Funds 9 Jul 2013 | 02:52 am
As discussed in earlier articles I am streamlining and simplifying my investing strategy. In a nutshell this means going from holding a bunch of stocks, ETFs and mutual funds to just holding three low...
Why the Bond Markets Imminent Crash May Be Exaggerated Like a 007 Movie 3 Jul 2013 | 08:21 pm
Apparently the bond market is heading for a big time crash after a nearly 20 year boom. Last month saw a post-2008 (financial crisis) record outflow out of bond funds (mutual and ETF) as prices tumble...
