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Will tax breaks help businesses grow payroll?

By: Peter Suhai Tax Planning Views: 3305 | Comments: 0 | Votes: 0

Peter Suhai

Employers who hire people struggling to find work this year will reap tax benefits under a new federal law, but business groups say the law doesn’t go far enough. The Hiring Incentives to Restore Employment Act was enacted March 18. It gives a payroll tax holiday to employers who hire people unemployed for 60 days or more beginning Feb. 4, 2010 through the end of this year. More

Quest for the perfect credit score

By: NCR Credit Plus Credit Repair Views: 3506 | Comments: 1 | Votes: 0

NCR Credit Plus

A major league pitcher dreams of throwing a perfect game. High schoolers eyeing the Ivy League study furiously in hopes of earning 2400 on the SAT. Why?"Your credit score tells a lot about you," Peplinski said. "A high score means you're responsible and in control of your life. That's proprietary information: "It's a black box," said FICO spokesman Craig Watts.Mystery feeds obsession. More

Social security, retiree Ponzi scheme $16 Trillion short

By: Laurence J. Kotlikoff Retirement Planning Views: 3375 | Comments: 0 | Votes: 0

Laurence J. Kotlikoff

Social Security just celebrated its 75th birthday. Love it or hate it, it has done its job and should retire. We need a new system, the Personal Security System, which retains Social Security's best features, scraps the rest, and covers its costs. Social Security's objective - forcing people to save for retirement - is legit. What about cutting defense instead? Laurence J. More

Private transfer fee ban could cost homeowners.

By: Kenneth R. Harney Home Loans Views: 2760 | Comments: 0 | Votes: 0

Kenneth R. Harney

A federal agency is moving to prohibit controversial "private transfer fees" on all mortgages funded by Fannie Mae and Freddie Mac. But its proposed ban might extend to transfer fees routinely collected by community associations across the country -- potentially forcing some of them to raise assessments on thousands of unsuspecting homeowners.   Edward J.   Kenneth R.   More

Expert Says Bad Credit Score Doesn't Have to be Permanent

By: NCR Credit Plus Credit Repair Views: 3218 | Comments: 0 | Votes: 0

NCR Credit Plus

These days, small business owner Anonthy Smith is doing well at his New Clothing Store, Heavy's Clothing&Jewerly, but it wasn't always this way."I am a business owner, and there are ups and downs, and I had some downs, " said smith.A bankruptcy in a poor economy pushed his credit score down, making it tough to get a loan. More

Comparing Car Insurance Rates Online

By: Bogie Boric Insurance Views: 10303 | Comments: 0 | Votes: 0

Bogie Boric

If you want to make the most of your budget, a great place to start is with your car insurance.  Different companies can charge dramatically different rates for the same level of protection.  In fact, rates can vary by more than $1,000!  So it pays to shop around.   And don’t just shop price. More

What is financial foreplay?

By: On My Own Two Feet Personal Finance Views: 2878 | Comments: 0 | Votes: 0

On My Own Two Feet

What is financial foreplay? The process of getting to know your sweetie’s most intimate feelings about money. Why is it so important? So as personal finance columnist Ron Lieber of The New York Times wisely points out, it’s important to identify your financial differences before you commit to debt do you part. The most common answers I hear are quit my job and start traveling. More

Pending lawsuits against 30 banks over overdraft fees.

By: Art Of Saving Personal Finance Views: 3927 | Comments: 0 | Votes: 1

Art Of Saving

Bank customers fighting high overdraft fees got a boost on Tuesday with a win in federal court in California against Wells Fargo, but that case has limited legal impact.   A similar federal court case filed in Florida against 30 banks including Wells Fargo, Bank of America, Citibank and others could mean much more.   In the California decision, U.S. More

What is “Bad Debt” and How Can I Claim it for My Business?

By: Tax Advisors Tax Planning Views: 4922 | Comments: 0 | Votes: 0

Tax Advisors

Credit enables many customer transactions that would not otherwise be possible. If your business offers customer credit, you’ve most likely had someone unable to repay their debt. If you report these sales as income but cannot collect, the IRS calls this “business bad debt.” In these cases, the IRS allows you to deduct those debts to decrease your federal tax liability. More

Loan Options for the Credit-Score Challenged

By: NCR Credit Plus Credit Repair Views: 2578 | Comments: 1 | Votes: 0

NCR Credit Plus

Here are some loan options for the credit-score challenged:Car loans: Say, for example, a young couple opens a joint bank account and credit card. Then one of them secretly maxes out all the credit cards, empties the bank account, drives the family into bankruptcy and drives away forever in the family car. "Our clients never overpay for a car. More