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Negotiations between President Obama and the Republican-led House of Representatives over the "fiscal cliff" are heating up. Some economists believe if a compromise isn't made by December 31 of this year, the U.S. economy could fall back into recession.
November 14, 2012 The national debt is as much your problem as it is Washington's.
Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.
Olympics medals aren’t worth much, so it may surprise you to know that medalists also get stuck with a hefty tax bill.
Online shoppers often cite the convenience of purchasing items from web retailers like Amazon, but another perk to cyber shopping is that buyers often don’t have to pay sales tax. Thanks to a congressional bill, though, that could soon change.
Some people really like to smoke, while most who do are simply addicted to nicotine and can’t stop. And then there are those who hate cigarettes, smokers, smoke and the smell that comes with smoking, not to mention the enormous health problems and financial costs associated with this vice.
Virginia Hopkins was looking forward to getting her tax refund. And why wouldn’t she be, as Uncle Sam owed the waitress from Cleveland $754.
When she finally received her letter from the IRS, she tour it open and then got the shock of her life. Hopkins was staring at a check for $434,712.
Which do you think is easier — doing your own taxes or trying to figure out how to make healthy sections in your diet?
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