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Congress works to avert $1 trillion in automatic budget cuts
02/07/2013With at least one million jobs on the line, Senate Democrats on Wednesday said they were closing in on...
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Obama calls for short-term budget deal
02/06/2013President Obama on Tuesday called on Congress to quickly pass a new package of limited spending cuts and tax...
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The Obscure 141-Year-Old Law That Explains the Deficit.
02/05/2013Cutting the U.S. budget deficit has always been a question of politics, not math. The seemingly simple approach —...
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Federal Income Tax Celebrates 100th Birthday This Month
02/05/2013This month marks the 100th birthday of the federal income tax. Ratification of the 16th Amendment in February 1913...
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Banks ease credit for some types of loans.
02/05/2013Banks are slightly loosening standards for many kinds of loans, and cutting into their own profit margins to try...
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Closing tax loopholes could be key to budget deal
02/04/2013President Obama said in a televised interview on Sunday that he could foresee a budget deal in Congress that...
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We’re Here All Year!
02/04/2013Many clients see their CPAs at tax time, when the main focus is on completing and filing their tax...
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Does the New Surtax Apply to You?
02/04/2013As of January 1, there is a new 3.8% net investment income tax on some categories of passive investment...
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When to start drawing social security is an important decision
02/04/2013Over the coming years, millions of baby boomers will reach age 62, the minimum threshold for receiving social security...
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Don’t let “sunk costs” lead to poor decisions
02/04/2013Emotions add zest to life. They propel us to our feet when our favorite running back scores a touchdown....
