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You Could Lose Thousands If These Tax Breaks Are Cut
The federal government provides a wide array of special exemptions, credits and deductions that amount to more than a $1.1 trillion a year windfall benefiting most Americans. They are designed to...
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Sophisticated Business People Are Falling For This $21,000 NYC Sublet Scam
We’ve covered shady Craigslist scams (and how to avoid them) in the past. This week, Manhattan real estate attorney Jay Itkowitz of Itkowitz & Harwood PLLC reached out to us with news of two...
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Americans' Obsession With Presidential Candidates’ Tax Returns Goes Back To 1968
In recent months, we’ve heard a lot of noise about Mitt Romney’s tax returns — and his hesitance in releasing them. But what’s the big deal? Surely there are other issues that need to be discussed...
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How To Save On Amazon Before The Sales Tax Doom Sets In
On September 15th, Amazon will start collecting sales tax on California purchases. For California residents, that means paying an extra 7.25% - 9.75%, varying based on where we live. And for all you...
View ArticleBernanke's Open Ended QE Must Have a Wealth Tax or MainStreet Is Screwed
Unlimited Quantitative Easing with hidden Nominal GDP targets are going to have to come with a wealth tax. The rich earn 60 percent of the income but they control 80 percent of the wealth. Apparently...
View Article6 Key Steps to Recovering From Bankruptcy
By The Bankruptcy Shop The decision to file bankruptcy is not an easy one. Society has taught us that bankruptcy is the worst thing you can do to your credit and will haunt you for the rest of your...
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Getting Married May Be The Smartest Money Move You Ever Make
Being single is the new normal. Today, only 51 percent of adults in America are married and nearly 30 percent of all households are solo – the highest level in the nation's history. The percentage of...
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One-Third Of Americans Say They Are Lower Class
One third of Americans now count themselves part of the lower-middle or lower classes, according to a report from Pew Research Center, including nearly 40 percent of young people between the ages of...
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Layaway Is Generally A Horrible Idea
Layaway is the topic du jour in consumer news this month as big-box retailers like Walmart, Kmart and Toys 'R Us battle it out for the best interest-free payment options this holiday season. With...
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Californians Are Going On A Shopping Binge In Anticipation Of Taxmageddon
One in eight Americans lives in tech-savvy California, a huge base of consumers for online retailers like Amazon.com. For years, Amazon has fought efforts to collect sales taxes from buyers in the...
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Everything You Need To Know About A Neighborhood Before Moving In
The 21st century is in full effect. And that means a couple of things for savvy home buyers who are in the process of vetting prospective neighborhoods. Investigating neighborhood basics like school...
View Article10 Best Apps for Mobile Banking and Finance
(Photo credit: Ricky Romero) The major banks and brokerage firms are making mobile banking and trading easier than ever with apps on the iPhone, iPad and Android platforms. This way, you can be in...
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Donald Trump Says Quantitative Easing Will Mainly Help The Rich
Last month, the Bank of England issued a report that must have made Fed chairman Ben Bernanke squirm. It said that the Bank of England’s policies of quantitative easing – similar to the Fed’s – had...
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Variable Pricing Is Revolutionizing How Much We Pay For Everything
You already know how timing a purchase right can save you money. Plane tickets? Take the red-eye. Theater show? See the matinee. Toilet paper? Buy it online at the right time of day. Wait, what?...
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Why Foreign Buyers Are Going After America's Biggest Homes
Foreign house hunters help drive demand for U.S. homes. Even though rising U.S. prices are discouraging foreigners who were looking for bargains, people from all over the world still have their eye on...
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Mutual Fund Investors Have Plenty Reason To Care About The iPhone 5
Unless you spent Wednesday under a rock, you probably heard about the unveiling of the iPhone 5. If you don't plan on waiting in line for the phone, you might have drowned out the news. But if you own...
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Americans Age 26-49 Sure Drink A Lot Of Cocktails
For better or worse, Americans head to the bars in droves on just about any given night. It doesn’t seem like that’ll change any time soon as Bundle found, most Americans plan to keep spending on...
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Advisors, Brokers And Bankers Share Their Slickest Tips For Investing In Real...
The NYC rental market is undeniably strong right now, and mortgage rates are low. With this in mind, we suspected more New Yorkers might be considering putting their money into investment properties....
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Here's Why the Gold Standard is Destined for Failure
It seems that in the wake of the Republican National Convention, many have adapted a golden state of mind. For the first time in 30 years, the GOP proposed a return to the gold standard in their...
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Every Financial Advisor Has Failed Its Clients In Some Way
“All I have to do is make the investments myself.” These were the words of a potential client. A successful professional, he went to a business planning company to set up his payroll and 401k account....
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