NewsIs it time to talk finances with your parents?Published on May 7th, 2012One day you may find yourself taking care of an elderly parent who is in declining physical or mental health. This can be stressful, both emotionally and financially. On the financial side, there are steps you may want to take to prepare for this situation. Talk to your parents about their financial affairs. Parents may [...] Take steps to build a better businessPublished on May 2nd, 2012Business owners focus a lot of attention on building better products. When their products are hot, the company does well, despite other shortcomings. Certainly, new and better products are essential, but focusing on building a better business – one that readily adapts to change and quickly responds to crisis may be even more important. How [...] Consider better ways to use your tax refundPublished on April 23rd, 2012What are you going to do with your federal income tax refund this year? Instead of spending the money on things you don’t really need – like a bigger flat screen TV or the latest smart phone – you might put a sizeable refund to better use. Here are a few suggestions. Pay down debt. [...] April 17 is a red letter day in the tax worldPublished on April 3rd, 2012Tuesday, April 17, is the deadline for filing certain returns and taking certain tax-related actions. Here are the major deadlines. Filing 2011 Income Tax Returns for Individuals. If you cannot file your return by this deadline, be sure to file an extension request by April 17. The automatic extension (you don’t need to explain to [...] IRS expands “Fresh Start” program for those who owe taxesPublished on March 29th, 2012Taxpayers who are struggling to pay their taxes may get some relief from the Internal Revenue Service’s (IRS) expansion of its “Fresh Start” initiative, a program started back in 2008. The new Fresh Start provisions provide penalty relief to the unemployed and make installment agreements on taxes owed available to more people. Normally, a failure-to-pay [...] |
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