Celebrate with safety this Fourth of July season

Family, fun, food and fireworks. It's that time of year when many will be celebrating the Fourth of July holiday. All too often, however, celebrations can end with a trip to the hospital if fireworks are mishandled. The U.S. Consumer Product Safety Commission wants to make sure consumers know the [...]

By |2019-07-07T14:01:14-08:00June 27th, 2019|Lifestyle|Comments Off on Celebrate with safety this Fourth of July season

Members of the armed forces are entitled to certain tax benefits

Members of the military and their families often qualify for special tax benefits. For example, members of the armed forces don’t have to pay taxes on some types of income. In addition, special rules could lower the tax they owe or allow them more time to file and pay their [...]

By |2019-07-07T14:02:05-08:00June 25th, 2019|Finance|Comments Off on Members of the armed forces are entitled to certain tax benefits

Summer travel, gasoline and earning credit card rewards

Summer travel and gasoline go hand-in-hand, and with consumer demand for gasoline approaching its annual peak, people across the country are preparing to drive to vacation destinations. Motorists might be interested in learning more about the "Best & Worst States for Summer Road Trips," the "Best Gas Rewards Credit Cards," [...]

By |2019-07-07T14:02:58-08:00June 20th, 2019|Lifestyle|Comments Off on Summer travel, gasoline and earning credit card rewards

IRS issues global intangible low-taxed income news

The Treasury Department and the Internal Revenue Service recently issued final and proposed regulations concerning global intangible low-taxed income under section 951A, the foreign tax credit, the treatment of domestic partnerships for purposes of determining the subpart F income of a partner, and the treatment of income of a controlled [...]

By |2019-07-07T14:04:11-08:00June 18th, 2019|Finance|Comments Off on IRS issues global intangible low-taxed income news

$38 billion decrease in credit card debt in Q1 + results by city

Personal-finance website WalletHub released its latest Credit Card Debt Study, which found that consumers paid off $38 billion of their roughly $1 trillion in credit card debt during the first quarter of 2019. Given that this year’s first-quarter paydown was smaller than last year’s, WalletHub now projects a $70 billion [...]

By |2019-07-07T14:05:01-08:00June 13th, 2019|Finance|Comments Off on $38 billion decrease in credit card debt in Q1 + results by city

June 17 is next deadline for those who pay estimated taxes

The Internal Revenue Service reminds taxpayers who pay estimated taxes Monday, June 17, is the deadline for the second estimated tax payment for 2019. Examples of those who may need to pay quarterly estimated taxes include self-employed individuals, retirees, investors, and some individuals involved in the sharing economy, among others. [...]

By |2019-07-07T14:05:53-08:00June 11th, 2019|Finance|Comments Off on June 17 is next deadline for those who pay estimated taxes

Calling all pro-cycling fanatics: time for the Italian Autumn Classic

For fanatics of pro cycling, spectacles of power and speed can be washed down at leisure while sipping Lombardy’s light, red wines paired with risotto and ossobuco this fall in northern Italy. Over the eight days of the Italian Autumn Classics, Oct. 7-13, the rough riders of three end-of-season bicycle [...]

By |2019-06-05T10:17:47-08:00June 6th, 2019|Lifestyle|Comments Off on Calling all pro-cycling fanatics: time for the Italian Autumn Classic

Taxpayers should include tax plans in wedding plans

Couples who are getting married this year already know there are plenty of big and small details when planning a wedding. Along with the dress, cake, guest list and gift registry, their first tax return as a married couple should also be on their checklist. The IRS has tips and [...]

By |2019-06-02T10:49:57-08:00June 4th, 2019|Finance|Comments Off on Taxpayers should include tax plans in wedding plans