Recent news reports have highlighted the fact that the IRS is examining one out of every eight millionaires subject to U.S. tax. The high exam coverage of America's most wealthy is no accident. It is part of a concerted effort by the IRS to follow multimillion dollar advice from one of the largest consulting groups in the U.S. Specifically, scrutin...Read More
It sounds too good to be true: Sell stocks for a profit and your capital gains tax rate is zero percent. But the zero percent capital gains tax rate President George W. Bush pushed through in 2003 that took effect in 2008 is still alive and well—through year-end 2012...Read More
You’ve just got to love those Internal Revenue Service computers which match billions of 1099s, W-2s and other information documents a year against individual tax returns in a search for unreported income. The computers’ latest big catch: Lord James Edward Herbrand Russell, the youngest brother of the current Duke of Bedford and husband to former A...Read More
We have a couple of big movers to talk about today. Cobalt International Energy (CIE) stock is up almost 40% on the day. Last night, the oil company said drilling tests from a well near Angola were much better than expected...Read More
This sixth trading week of 2012 comes to a close with investors digesting conflicting data and reports as the market struggles to find a direction...Read More
Not all credit cards are created equal. Different types can help you meet different financial goals at various stages of your life, from the first days of college to the golden years and retirement. Here’s a selection of the options out there...Read More
January always means more people are joining gyms to shed the pounds and get in shape for the New Year. But how many expect to really put that gym contract to use the entire year? For many, the hassle of finding the time to use their new gym memberships while performing their daily responsibilities is creating unnecessary stress and complicati...Read More
AK Steel Holdings (AKS) was downgraded today by Citigroup (C) to neutral from buy with a $9 price target, as stainless steel prices have increased, and demand for scrap has been weak...Read More
This is a guest post by Rania Anderson, an entrepreneur who accelerates women’s professional and business success through executive coaching, her blog The Way Women Work, speaking engagements, mentoring, and equity investments. She is a co-founder of the women's angel investor network, the Women’s Capital Connection...Read More
This is a guest post by Kaycee Krysty, president emerita of Laird Norton Tyee, a Seattle‐based wealth management firm. Kaycee spearheads the firm’s ReGenU effort focused on helping clients plan for life’s transitions. She is working on a book and speaks and blogs about life’s transitions and investing in human capital. Kaycee also serves on th...Read More
United Parcel Service Incorporated (UPS) announced its quarterly dividend of 57 cents per share, an increase of about 10% over its prior dividend in November of 52 cents. The dividend is payable March 7, 2012, to shareholders of record on February 21, 2012...Read More
Year after year taxpayers deliver envelopes stuffed with medical and dental receipts to their tax preparers, hoping to claim the deduction for medical expenses, only to have their hopes dashed. But lately more folks are hearing the bittersweet news that they’re eligible. It’s not just retirees (think high medical expenses, low income) who are good ...Read More
Facebook's new timeline is confronting us all with our past, whether we like it or not. I've been editing my social footprint like a fiend, to save myself from a younger, career responsibility free me. Stalking other profiles has unveiled an armada of profiles littered with red plastic cups, and the shenanigans they imply...Read More
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