IRS to go easier on tax settlements

IRS agents will be more flexible with taxpayers who have seen their incomes drop during the recession.

http://rss.usatoday.mlogic3g.com/detail.jsp?key=1553227&rc=Money

Posted by J. Michael Stolp from my Blackberry.

New Credit, New Paperwork

If you don’t claim the Making Work Pay Credit on your tax return, you lose it.

http://www.kiplinger.com/columns/taxtips/archive/new-credit-new-paperwork.html

Posted by J. Michael Stolp from my Blackberry.

Handling Divorce and Taxes

Kiplinger editorial director Kevin McCormally and fellow tax experts Peter Blank and Mary Beth Franklin tackle your most pressing tax challenges.

http://www.kiplinger.com/columns/taxquestions/archives/handling-divorce-and-taxes.html

Posted by J. Michael Stolp from my Blackberry.

What You Need to Know About Social Security

Five ways to make sure you get the biggest possible check.

http://www.kiplinger.com/magazine/archives/what-you-need-to-know-about-social-security.html

Posted by J. Michael Stolp from my Blackberry.

IRS, states crack down on independent worker status abuse

The Internal Revenue Service and 37 states are cracking down on companies that illegally try to trim payroll costs by changing employees’ status to independent contractors, The Associated Press has learned. http://rss.usatoday.mlogic3g.com/detail.jsp?key=1454495&rc=Money

Posted by J. Michael Stolp from my Blackberry.

State Budget Nightmares Mount

States will need to shave billions in spending to stay above water.

http://www.kiplinger.com/businessresource/forecast/archive/state-budget-problems-worsen.html

Posted by J. Michael Stolp from my Blackberry.

Bipartisanship: Deader Than Ever

Why working together is a pipe dream in today’s political climate.

http://www.kiplinger.com/columns/washington/archives/bipartisanship-deader-than-ever.html

Posted by J. Michael Stolp from my Blackberry.

Resources to Help You Check Out a Company

Here’s how to learn about the reputation of a business before you sign on the dotted line.

http://www.kiplinger.com/columns/kiptips/archives/resources-to-help-you-check-out-a-company.html

Posted by J. Michael Stolp from my Blackberry.

Overconfidence Game

Investors tend to overestimate the accuracy of their information and their skill in using it.

http://www.kiplinger.com/magazine/archives/overconfidence-game.html

Posted by J. Michael Stolp from my Blackberry.

Question Time

JOHN FUND ON THE TRAIL The American people were the real winners in President Obama’s exchange with Republicans.

WSJ Opinion:
http://online.wsj.com/article/SB10001424052748704107204575039413948649460.html?mod=rss_opinion_main

Reading this on your Blackberry? Try The Wall Street Journal Mobile Reader now by clicking http://www.wsjmobilereader.com.”

Posted by J. Michael Stolp from my Blackberry.

Stimulus: The secret sequel

They’re not calling it Stimulus 2, but the Obama administration wants to extend the life of several Recovery Act provisions by building them into the federal budget.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/0H7DmymzWtw/index.htm

Posted by J. Michael Stolp from my Blackberry.

Obama unveils 2011 budget with $3.83T in spending (AP)

President Barack Obama unveiled a multitrillion-dollar spending plan Monday, pledging an intensified effort to combat high unemployment and asking Congress to quickly approve new job-creation efforts that would boost the deficit to a record-breaking $1.56 trillion.

http://us.rd.yahoo.com/finance/news/rss/story/*http://us.rd.yahoo.com/finance/finhome/topstories/apf/*http://biz.yahoo.com/ap/100201/us_budget.html

Posted by J. Michael Stolp from my Blackberry.

Deficit Lip Service

Watch what they spend, not what they say.

WSJ Opinion:
http://online.wsj.com/article/SB10001424052748704094304575029353530757166.html?mod=rss_opinion_main

Reading this on your Blackberry? Try The Wall Street Journal Mobile Reader now by clicking http://www.wsjmobilereader.com.”

Posted by J. Michael Stolp from my Blackberry.

Bailout cop: TARP’s not working

The watchdog charged with monitoring the government’s $700 billion bailout unleashed one of his harshest criticisms of the program to date, questioning its overall effectiveness.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/2ilUrhZUJuo/index.htm

Posted by J. Michael Stolp from my Blackberry.

Bailout cop: TARP’s not working

The watchdog charged with monitoring the government’s $700 billion bailout unleashed one of his harshest criticisms of the program to date, questioning its overall effectiveness.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/2ilUrhZUJuo/index.htm

Posted by J. Michael Stolp from my Blackberry.

Dead federal estate tax rises from the ashes

With the federal estate tax law having lapsed and#8212; and no sign that Congress is planning to address the issue anytime soon and#8212; a growing number of states are taking matters into their own hands.

http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20100131/REG/301319995/1009/rss01&rssfeed=rss01

Posted by J. Michael Stolp from my Blackberry.

Las Vegas: Most foreclosures of any city in 2009

Cities in the so-called Sand States dominated the foreclosure rankings in 2009, with the 20 worst-hit metro areas residing in Nevada, Florida, California and Arizona.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/QiUTJIDTR7w/index.htm

Posted by J. Michael Stolp from my Blackberry.

America’s most overvalued cities

Don’t say we didn’t warn you.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/yrMqsCxrUpk/index.htm

Posted by J. Michael Stolp from my Blackberry.

New-home sales fall 7.6% in December; ‘09 sales down 23%

New-home sales unexpectedly fell 7.6% last month, capping the industry’s weakest year on record.

http://rss.usatoday.mlogic3g.com/detail.jsp?key=1421892&rc=Money

Posted by J. Michael Stolp from my Blackberry.

Toyota’s Recall Will Test Customer Loyalty

The world’s top automaker isn’t just facing an expensive recall; its future hold on customers is no longer guaranteed.

http://feedproxy.google.com/~r/time/business/~3/CDxqr1hdEUc/0,8599,1957039,00.html

Posted by J. Michael Stolp from my Blackberry.

Can Financial Firms Get Executives to Give Back Pay?

Wall Street’s new clawback provisions on pay should create plenty of business for litigation lawyers, but it may not change the behavior of big traders and executives

http://feedproxy.google.com/~r/time/business/~3/XcbiAPxnPns/0,8599,1956081,00.html

Posted by J. Michael Stolp from my Blackberry.

Stock gains fizzle as Obama bank plan rekindles anxiety

Stocks gave up a healthy advance and closed slightly lower Tuesday as investors suffered another bout of anxiety over President Obama’s plan to regulate banks.

http://rss.usatoday.mlogic3g.com/detail.jsp?key=1417439&rc=Money

Posted by J. Michael Stolp from my Blackberry.

Companies may have to reveal debatable deductions

Large American firms could soon be required to disclose on their federal tax returns whether they’ve claimed tax breaks that could later be disallowed by federal auditors, IRS Commissioner Douglas Shulman announced Tuesday.

http://rss.usatoday.mlogic3g.com/detail.jsp?key=1417573&rc=Money

Posted by J. Michael Stolp from my Blackberry.

IRS Wants Firms to Flag Tax Strategies

Large corporations will be required to file a summary of their questionable tax positions to the Internal Revenue Service under a plan announced Tuesday designed to give the agency a road map for preventing tax avoidance.

US: Business News:
http://online.wsj.com/article/SB10001424052748703906204575027320135790934.html?mod=rss_whats_news_us_business

Reading this on your Blackberry? Try The Wall Street Journal Mobile Reader now by clicking http://www.wsjmobilereader.com.”

Posted by J. Michael Stolp from my Blackberry.

Why You Need Long-Term-Care Insurance

If you don’t think paying for this sort of coverage is a worthy expenditure, think again.

http://www.kiplinger.com/columns/kiptips/archives/why-you-need-longtermcare-insurance.html

Posted by J. Michael Stolp from my Blackberry.

Stimulus and jobs: What the fight’s all about

One of the most important questions surrounding the stimulus program is also one of the most controversial: How many jobs has it created?

http://rss.cnn.com/~r/rss/money_mostpopular/~3/BSh9n0Qtvl0/index.htm

Posted by J. Michael Stolp from my Blackberry.

Managing a high-income Roth conversion

Question: My wife and I are both over 50 and plan to convert $115,000 in traditional IRAs to Roth IRAs this year to take advantage of the one-year reprieve on income limits on conversions. Our question: can we each also make regular annual contributions to a Roth IRA this year? We earn about $100,000 a year combined, but we’re worried that the $115,000 of taxable income we’ll have to recognize because of the conversion will put us over the income eligibility limit for annual Roth IRA contributions. Can you clear this up for us? — Bob, Souderton, Penn.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/ZP8l6QNW0Lw/index.htm

Posted by J. Michael Stolp from my Blackberry.

Stocks poised to pull back

U.S. stocks were poised for a lower open Tuesday amid concerns of a slowdown in China and ahead of the start of a two-day Federal Reserve meeting.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/fjxpPbixmts/index.htm

Posted by J. Michael Stolp from my Blackberry.

Home prices: First drop in 7 months

Home prices fell in November for the first time in seven months, according to a industry report released Tuesday.

http://rss.cnn.com/~r/rss/money_mostpopular/~3/LRGyNM8iRPU/index.htm

Posted by J. Michael Stolp from my Blackberry.

Futures signal lower opening, as world stock markets tumble

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http://www.investmentnews.com/apps/pbcs.dll/article?AID=/20100126/FREE/100129930/-1/rss02&rssfeed=rss02

Posted by J. Michael Stolp from my Blackberry.