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The Costliest Mistakes You Can Make on Your Taxes

What if just a few hours — or even minutes — of effort could result in hundreds, maybe even thousands, more dollars in your bank account? You’d make the effort, right?   Well, maybe. At tax time each year, many of us take shortcuts or overlook...

What Is the Alternative Minimum Tax?

What is the alternative minimum tax, and how do I know if I owe it? The alternative minimum tax, or AMT, is an income tax levied by the U.S. government on certain individuals, corporations, estates and trusts and was intended to prevent wealthier...

15 Tax-Saving Steps to Take Now

With the end of the year quickly approaching, you are probably focused on finalizing travel plans and squeezing in last-minute holiday shopping. There’s a good chance that the last thing on your mind is tax planning. However, now is the time to...

Socially Responsible Investing Does Not Mean Lower Returns

  By choosing a socially responsible investment (SRI) fund, you don't have to sacrifice performance. According to Victoria Collins, Ph.D., CFP, a senior managing director of First Foundation Advisors, "SRI funds perform as well if not better than...

Inflation Translation

Remember when a slice of pizza was $1 or a cup of coffee was 50 cents? (If that was before your time, bear with us.) These days, depending on where you live, a slice is about $2 and a cup of ordinary, nondesigner coffee is about $1.25. At least....

Tax Facts for the Jobless

If you were unemployed in 2012, or if you’re still out of work, make sure you know your tax facts—many Americans don’t. Did you know...    …that unemployment benefits are taxable? If you collected unemployment during 2010, you will get a 1099-G,...

Benefits of a Ready-to-Own Business

There’s a reason that women make up more than 25% of franchise business owners. Buying a franchise is like starting your own company, but with less hassle. You’re working with an existing business model, using an established name, and getting...

What the Fiscal Cliff Really Is

The term: “Fiscal cliff” sounds dire, but it describes a combination of old tax breaks expiring, new tax increases and federal cutbacks that all take effect by January, 2013. President Obama or Governor Romney can’t steer us away from the...

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