Did you know you can legally take a deduction that is more than the total of your receipts? It's called the standard deduction and for a lot of taxpayers it's a money and time saver.Year after year...
If your company offers you restricted stock, stock options or certain other incentives, listen up. There are huge potential tax traps. But there are also some big tax advantages if you play your...
Financial industry titans came out in favor of increased banking regulation this February, signaling an interesting turn in the debate over new banking reform legislation. The group of financial...
If you're like most people, one of your biggest fears is getting a letter - or, worse yet, a call - from the IRS. While nobody in their right mind would find an audit enjoyable, it’s usually not as...
So you can do a sudoku before your Cheerios get soggy, and calculating a 15% tip for a meal is a breeze, but what about compound interest? Calculating compound interest is one of those things that...
If you've never bought a home before, when you first start shopping for a mortgage it might seem like the obvious way to choose a lender is to pick the one that offers the lowest interest rate. After...
On July 21, 2002, WorldCom filed for bankruptcy protection in one of the largest bankruptcies in United States history. In a year when the U.S. saw a disturbing number of accounting scandals such as...