You may recall that part of the Economic Recovery and Reinvestment Act passed back in February includes a nice fat tax incentive for first-time homebuyers. The new law provides a maximum $8,000 refundable tax credit for first-time homebuyers with modified adjusted gross income of $75,000 ($150,000 for married couples filing a joint return). The [...]
Consumers scored a major victory on Tuesday as the Senate voted overwhelmingly in favor of a bill that restricts unfair credit card practices. The Credit Card Accountability, Responsibility and Disclosure Act passed by a 90-5 margin. The bill comes on the heels of similar legislation, known as the Credit Cardholders Bill of Rights, that was [...]
It’s easy to sell an unwanted bathroom vanity light on Craigslist. But when you’re looking to gut the kitchen or bathroom, finding a seller-and arranging delivery-for a tub or stove becomes a bit impractical, so the tendency is to let the contractor come in, demolish, and haul off everything to the dump.
But there’s another renovation [...]
By Jeanne Fleming, Ph.D. and Leonard Schwarz
Question: My boss recently laid off a lot of people. As a result, she’s given me much more responsibility – but no raise and no better title. Is this fair? She says she won’t promote me until she sees how I do.
Answer: Call it a wild guess, but [...]
Some food for thought from President Obama’s current investment portfolio, which was revealed last Friday as part of his government-mandated annual financial disclosure report:
1. There’s an old bit of investment advice: If you don’t have a lot of money, you invest to build your assets. If you already have a lot of money, you invest [...]
