Archive for the 'Personal Finance' Category

Nearly all consumers now use online media to shop locally

New study reveals local consumers access an increasing number of online media sources before buying; use of online coupons and appointment scheduling on the rise
Nearly all consumers (97 percent) now use online media when researching products or services in their local area, according to BIA/Kelsey’s  User View Wave VII, an ongoing consumer tracking study conducted [...]

Bank of America will help customers avoid overdrawing accounts

Changes Enhance Control, Choice and Clarity for Customers
As part of its commitment to provide more control, choice and clarity for its customers, Bank of America announced that beginning this summer it will only authorize single debit card transactions at the point of sale if a customer has enough money in their account at the time.

This [...]

10 tax time tips for consumers to protect themselves from identity theft

ID Analytics’ Offers Tips on How to Safeguard Your Identity
ID Analytics recommends consumers follow ten tax time tips to protect their personal information from identity thieves. Tax season is quickly approaching and many Americans have already begun receiving W-2’s and official forms that contain sensitive financial information, including income details, Social Security numbers (SSN) and [...]

Tax Reminder: Double incentives for long-term care insurance in many states

Taxpayers May Overlook Hundreds to Thousands in Combined Federal and State Deductions or Rebates, Industry Leader Advises
Many Americans with long-term care insurance are learning Uncle Sam may give them a hefty deduction for their premiums; but many fail to realize their state may grant an additional deduction or credit. “If you can double your money, [...]

Insurance fraud is no laughing matter, costing honest New Yorkers millions

BUT THESE SCHEMES WERE HATCHED BY FOLKS WHO HAD TO BE JOKING, SAYS NEW YORK ALLIANCE AGAINST INSURANCE FRAUD
NYAAIF’s Picks for New York’s Most Foolish Fraudsters in 2009
Insurance fraud is an enticing enterprise for criminals throughout New York State, but you’ve got to wonder just what some of the state’s fraudsters were thinking when [...]

Unemployed? Here are 5 ways to save on 2009, 2010 taxes

If you’re unemployed, there are a few twists and turns in the tax code that can work to your benefit, according to CCH, a Wolters Kluwer business and a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).
1. You can exclude up to $2,400 of unemployment compensation from your 2009 gross income. [...]

Get Smart and Save Money This Tax Season

The Illinois CPA Society Shares What’s New for Filing Your 2009 Return
A little knowledge could save you money on your 2009 taxes. Filing a tax return is more complicated than usual this year because of the large number of new and expanded deductions and credits; they can work to your advantage if you understand [...]

Unemployment, economic hardship among factors of foreclosures in the U.S.

In December 2009, U.S. owners of 349,519 properties received a foreclosure notice
ForeclosureListings.com, confirmed that the national foreclosure rate in January was one foreclosure filing for every 466 U.S. households; the most severe problems continue in the West and in Florida. Unemployment, economic hardship, negative equity, and credit availability are driving the foreclosures.
Yet between the months [...]

More than four-in-ten workers over the age of 35 currently work for a younger boss

As generations continue to mix in the workplace, many older workers are reporting to younger bosses. A new CareerBuilder survey finds that 43 percent of workers ages 35 and older said they currently work for someone younger than them. Breaking down age groups, more than half (53 percent) of workers ages 45 and up said [...]

Americans struggle to find stability as 2010 begins

COUNTRY Index drops as Americans experience post-holiday blues
The New Year is off to a rocky start when it comes to how Americans feel about their personal finances. The COUNTRY Financial Security Index® took a 3.2 point tumble in February to 63.1, the biggest single drop the bi-monthly measure has ever recorded and an indication that [...]