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08-16-2004 Headlines for: Taxes |  |
Tax Talk: Money for filing? Scam alert!
From: www.bankrate.com
"If someone offers you a tax opportunity that sounds too good to be true, it probably is."
Tax Talk: Using IRA money to pay for drug rehab
From: www.bankrate.com
"Retirement money can be withdrawn early if used for certain emergency situations, including to pay medical expenses."
Tax Talk: Spending accounts vs. child care credit
From: www.bankrate.com
"Our expert says this working mom would save more on taxes by using her FSA to pay for day care costs."
Tax Talk: A business-related life insurance payout
From: www.bankrate.com
"Taxability of the policy proceeds depends upon whether the money was paid in connection with the creditor relationship or the key-man aspect of the ex-partner's death."
Time running out to file 2003 taxes
From: www.bankrate.com
"In April, did you ask the IRS for more time to file your return? Well, your time's almost up. The extension deadline is Aug. 16."
Listening Post
From: NewsTrove.com
"Education
More money is being spent in North Carolina on K-12 education, but one problem is that much of it doesn't reach the classroom. About 36 percent of North Carolina's K-12 public education budget is spent in noninstructional areas, excluding food service, according to calculations of U.S. Department of Education data. If half of this noninstructional spending could be re-directed to the classroom, instructional spending would increase by more than $1 billion annually. I recommend following the lead of the private sector and using modern technology to cut layers of middle management in the public schools as a way to reach this goal."
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From: NewsTrove.com
"Confused About Annuities?
You're not alone. Many people have difficulty understanding them. The main reason for all the confusion: Annuities may be single or flexible-payment; fixed or variable; deferred or immediate. No matter the type, annuities are financial contracts with an insurance company that are designed to be a source of retirement income. This article will help you decide if an annuity is right for you and help you to choose the type of annuity that best meets your needs.
Single vs. Flexible-Payment Annuities.
You can purchase an annuity in two ways:
1. Make one lump-sum payment to purchase a single-premium annuity."
TRUSTe/BizRate 2004 Online Tax Survey
From: NewsTrove.com
"Nearly 25 % More CONSUMERS INTEND TO FILE THEIR TAXES ONLINE IN 2005
BizRate-TRUSTe Survey Reveals That Majority of Consumers Seek Out Privacy Statements Before Filing Online
San Francisco - April 29, 2004 - Tax season has come and gone but next year's is already shaping up to be a bigger online filing season than it was for tax year 2003, according to a joint survey by leading shopping search site BizRate.com and privacy seal program TRUSTe. While 30% of 2003 filers did so online by April 15, 2004, the survey shows that 55% of filers plan to file online in early 2005 for the 2004 tax year."
Bush's tax cuts: Of course they benefited the wealthy
From: NewsTrove.com
"THE TOP 1 percent of income earners pay nearly 40 percent of all federal income taxes. The top 50 percent of income earners pay nearly all federal income taxes (96 percent).
So when taxes are cut across the board, as they have been under President Bush, the "rich" benefit more because they pay more in both real terms and as a percentage of income. Even the poorest taxpayers received a tax cut from President Bush, but the total amount they get back is a trifle in comparison to the total amount the rich get back - because the total amount they earn is a trifle in comparison to what the rich earn."
Aug. 12, 2004
From: NewsTrove.com
"Backpacker growing: The Backpacker is expanding its ski shop and adding space for tenants, a reflection of an acceleration of growth in the Corporate Boulevard and Jefferson Highway corridor. Dale Mathews, who has owned the store for 30 years, said it's growing from 20,000 square feet to 36,000 square feet. He will use 4,200 square feet of new space to expand the ski shop and rent about 12,000 to tenants. He says he's searching for tenants that complement his outdoor gear business, such as a foot doctor or travel agency. The expanded ski store should be open later this year."
Paper Clarifies Internal Auditing's SOX Role
From: c.moreover.com
"SmartPros Aug 16 2004 5:53AM GMT"
- Accounting Firms' Profit Falls 22 Percent
From: c.moreover.com
"Hankooki Aug 15 2004 11:49AM GMT"
Accounting Firms' Profit Falls 22 Percent
From: c.moreover.com
"Hankooki Aug 15 2004 11:49AM GMT"
Cap liabilities, say accountants
From: c.moreover.com
"Evening Standard Aug 15 2004 9:38AM GMT"
Cap liabilities, say accountants
From: c.moreover.com
"This Is Money Aug 15 2004 9:36AM GMT"
Oil price jump dents Asia stocks
From: news.bbc.co.uk
"Oil prices reach fresh highs on fears of possible supply disruptions in Venezuela, weighing on Asian stock markets."
Iranian economic reform falters
From: news.bbc.co.uk
"Iran's parliament blocks key parts of a reform plan aimed at opening the economy to foreign investment."
US trade deficit swells in June
From: news.bbc.co.uk
"The US trade deficit has exploded 19% to a record $55.8bn as oil costs drove imports higher, according to a latest figures."
Eurozone continues growth
From: news.bbc.co.uk
"Official figures show the 12-nation eurozone economy continues to grow, but there are warnings it may slow down later in the year."
Car prices down across the board
From: news.bbc.co.uk
"The cost of buying both new and second hand cars fell sharply over the past five years, a new survey has found."
Financial four-leaf clovers
From: www.bankrate.com
"These antidotes to Friday the 13th money jinxes will keep the luck (and the loot) on your side."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
How to finance an RV
From: www.bankrate.com
"A recreational vehicle is almost as big as a house, and sometimes, almost as expensive, too."
Interest Rate Roundup
From: www.bankrate.com
"Check out the latest interest rate trends and national averages on the five most common consumer banking products."
Slash your summer energy costs
From: www.bankrate.com
"Aside from shutting the door and windows when the AC is on, how can you save on summer energy bills?"
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