Financial Service Info

Exasperated by business going across the border to low-tax New Hampshire, Massachusetts state officials have begun erecting a 50 foot tall, 10 foot thick wall along their 190-mile shared border. Gov. Deval Patrick revealed the announcement via Twitter: it’s important that all do our patriotic duty and stop flight out of state to protect domestic [...]

Slipped into a welcome promise to resist branch closures until at least 2015, Lloysd boss Antonio Horta-Osorio yesterdaypromised to put the customer at the heart of everything we do. Now I dont know about you, but this idea of putting customers somewhere they should always have been strikes me as a little cheeky. Its supposed [...]

I used to smoke cigarettes but I quit several years ago.   That habit cost me thousands of dollars over the years.   I am probably classified as a ‘social drinker’.   I don’t drink alcohol regularly but I am known to have a drink now and then.   But honestly at this point I cant remember the last [...]

Would you like to win $5,000 cash to fund your Roth IRA? Click HERE to learn more. Welcome to one of the most exciting posts that I have ever written here on the blog. Heck, this is the most exciting post!! The second reason is that I’ve created an event and was able to get [...]

Less far-reaching than last year’s recent tax reform plan, Georgia legislators this week unveiled a number of changes to their sales tax. There are some gimmicky ideas but many involve exempting business-to-business transactions, which is a move toward better tax policy.  A properly structured sales tax should tax all goods and services once and only [...]

Follow on Twitter: In a recession, more people turn to charities for support, precisely when donations are harder for charities to find. But there are tricks we can all use to make our donations go further, to give ‘things’ which are more useful than they seem, and to rustle up money for charities from thin [...]

If you have a traditional IRA then you may be required to take what are called Required Minimum Distributions (RMD).   An RMD is required once you hit 70 1/2 years old.   The basic idea here is that the government wants you to ‘live a little’ and spend some of that money before you pass away [...]

Successfully growing your entrepreneurial motives into a side business (or more!) is challenging, taxing, rewarding, and extremely gratifying. Who doesnt want an empire of their own? Want $250 to help you build your empire? Apply for a Chase InkSM Classic Business credit card today. Its also incredibly difficult. Youve got to juggle sending invoices to [...]

I recently wrote a blog post in which I asserted that the Buffett Rule (as proposed by Sen. Sheldon Whitehouse) could cause a marginal tax rate of 90% on particular types of income. That analysis was based on a misreading of the bill and a misunderstanding of how the phase-in would work. I had originally [...]