November 30, 2010
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Winter Haven resident pans fund raids on Social Security
Following what he believes was censorship of his message, a lesser man might have given up and become silent, but not determined economist Allen Smith. Smith, a soft-spoken Winter Haven resident whose long-standing mission is to tell the American public about what he describes as the looting of Social Security by the federal government, is […]
Read more- November 29, 2010
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West Des Moines medical foundation may lay off 200
The Iowa Foundation for Medical Care in West Des Moines is expected to lay off as many as 200 workers – a fourth of its staff – over the next 12 months. The nonprofit organization’s main source of income is the federal Centers for Medicare and Medicaid Services. The foundation recently lost a major contract […]
Read more- November 26, 2010
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Defenders say home deduction is a sacred cow
Long considered a key ingredient of American homeownership, the income-tax deduction for mortgage interest now is on the menu of the commission looking for ways to trim the federal deficit. Among the $3.8 trillion in debt-cutting options being considered by the National Commission on Fiscal Responsibility and Reform is a scaled-down tax deduction eliminating second […]
Read more- November 25, 2010
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Economic data reveal a hint of consumer merriness
Americans are earning and spending more, companies are shedding fewer workers and hopes are rising for the economy as the holiday shopping season starts. Still, with businesses spending less on manufactured goods and new-home sales near their lowest level in 47 years, consumers alone might not be able to invigorate the economy and drive down […]
Read more- November 24, 2010
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CPAs year-end tax-savings tips
The Queens/Brooklyn Chapter of the New York State Society of Certified Public Accountants (NYSSCPA) recommends these Year-end Tax Tips for consumers: 1. Get Organized: Put your tax data together now. Round up receipts and cancelled checks from charities; check your latest brokerage statement for year-to-date gains or losses; make a checklist of accounts to keep […]
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