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Our Government at work continued…

Apparently Treasury inspectors are estimating that tax filers erroneously (criminally) filed returns claiming educational credits and received $3.2 billion (yes billion with a “B”) in credits for 2009 and 2010. It appears that in many of these cases, IRS didn’t have a...

A lack of tenants wins in court.

For those who are able to good news in on the horizon.  The maximum 401(k) contribution rises to $17,000 in 2012, up $500 over this year.  Individuals born before 1963 can put in as much as $22,500.  Theses contribution limits also apply to 403(b) and 457 plans as...

Every country want the money

Apparently the U.S. isn’t the only country interested in tax avoidance by high-incomers. The United Kingdom is planning a crackdown, advertising for 1,000 agents to closely check the tax compliance of the country’s 350,000 wealthiest taxpayers. IRS already has a squad...

Apple has an app for that…

Are you tired of hearing the phrase Apple has an app for that?  Well if not you may be in for a treat. Especially if you are still sending greeting cards by snail mail?  Which I am thinking the answer is no. But if you do,  Apple has an app for that. The new iPhone 4S...

The Homeowner and housing

President Obama’s refinancing plan will be a boon to least 1 million homeowners. But there is fear that it doesn’t get at the root of the housing crisis. Easing refinancing rules for one-tenth of the nation’s homeowners whose mortgages are underwater is beneficial and...

The US is now cheaper than China???

It appears that more companies are looking to expand on U.S. soil rather than overseas in the coming months. Managers are starting to find that production costs in parts of the U.S. are cheaper than in some regions of China, once transportation expenses are taken into...

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