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U.S. economy is expanding somewhat, Fed says
01/17/2013Economic activity across the United States expanded at either a moderate or modest pace in recent weeks with consumer...
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Residential foreclosure filings approach a 6-year low
01/17/2013Foreclosure activity in the United States was at a near six-year low in December and declined over the entire...
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IRS announces simplified option for claiming home office deductions starting this year
01/16/2013Eligible home-based businesses may deduct up to $1,500; saves taxpayers 1.6 million hours a year. The Internal Revenue Service...
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Fitch warns it may downgrade U.S. if debt ceiling isn’t raised
01/16/2013Fitch Ratings Ltd. warned on Tuesday that Congress’s failure to raise the federal government’s statutory borrowing limit would “very...
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Are Optimistic Markets Ignoring the Debt Ceiling?
01/16/2013Junk-bond prices are at all-time highs, stocks are touching five-year peaks and the market’s so-called fear gauge has tumbled...
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Deducting Bonuses
01/16/2013Companies that give employees the opportunity to earn year-end bonuses may not actually pay them until after year-end. Question:...
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Interest Plus
01/16/2013When you need a commercial loan, you check interest rates. That may even be the deciding factor when it...
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Client Profile – Loan vs. Lease
01/16/2013When Scott opened his business a few years ago, he bought all new equipment. He now needs to replace...
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Earnings per share and Fully Diluted Earnings per share
01/16/2013Question: What’s the difference between earnings per share and fully diluted earnings per share? Answer: You calculate earnings per...
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What is the “Pay as You Earn” program?
01/16/2013Question: What is the “Pay as You Earn” program? Answer: It’s a new iteration of the federal government’s Income-Based...