Neighborhoods affected by bank consolidation are subject to higher interest rates in the future, diminished local construction, lower real estate prices, and an influx of poorer households.
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Taxpayers who e file and choose direct deposit get their refunds in half the time of those who file paper returns.
It may feel like a tax refund is a forced savings plan, but in reality, it is a no interest loan to Uncle Sam. People are not realizing there are more productive ways to put your hard earned income to work.
To be deductible, the investment expenses must be ordinary and necessary and related to the production of taxable income, or for the management of property held for the production of income.
For 2006, more than 35 tax benefits have been modified to keep pace with inflation. These new figures don't affect the return you are filing for 2005.
Whether you choose to do most of your banking at your local branch or prefer to bank online, it's important to know the basics so you can make the most out of the services available to you.
The phone rings and it's a collection agency demanding payment on an overdue account you did not know you had. Or perhaps you notice purchases on your credit card statement that you didn't make. Identity theft can happen to anyone, suggests the Michigan Association of CPAs, and it's important to take steps to protect personal information.