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Many important tax changes go into effect in 2010. The changes are usually the result of various laws, regulations and other guidance issued over the past few years. The AMT exemption tax law change for 2010 for individuals should be a major concern for most. The alternative minimum tax (AMT) wil...

The older I get the more I think of the line "History doesn't repeat itself, but it does rhyme." Variously attributed to both Mark Twain and Will Rogers, today's news brings a degree of affirmation. If we step back twenty years, pundits "knew" the US was finished as an economic powerhouse. The Ja...

Palm announced Friday that it will be selling Smartphone through Verizon Wireless, one of the world's leading cellular communication providers. This deal could mark the turnaround for the struggling handset maker, which has seen diminishing sales the past few years. Although this is a great opportun...

Today's wires bring news that Bank of America (BAC) expects to pay bonuses close to 2007 levels. You remember 2007 - that idyllic time when most Americans had not yet heard of sub-prime mortgages and believed that their banks were sound, even if they weren't convinced that their banker was doing "Go...

This week's T.V. spot features the ladies of the Dolls N'Sense Investment Club. I had the privilege of meeting the group during filming and it's clear that these are smart and educated women with their own opinions about investing. It was great to learn more about the special relationship they have...

The wedding is over, but your life as a couple has just begun. As a team working together for the first time, there are many adjustments you will have to make in the first year together. Of course, you must approach the small stuff like laundry duties and dishes, but one of your main priorities sh...

Sure you can! If you have not owned a home over the past two years you can use up to $10,000 from your IRA account toward the purchase of a primary residence. If you use money from a traditional IRA, you must pay tax on the amount you withdraw, but no penalty will be due. If the money comes from...

Lately there is much reading of tea leaves in attempts to determine the direction of the US economy. Are we in recovery? Still in recession? Or are we recovering only to suffer a "double dip", where we come up but then go back down? The answers are never obvious. To get a confident sense of dire...

While vacations and holidays typically provide a break for most of us, there is one big break ahead that's a priority on most everyone's calendar -- retirement. While it may be closer for some, we all should make sure we're financially prepared when the time comes to take a permanent day off! It's...

The first decade of the 21st century is now behind us. To say that is was a bumpy ride would be an understatement. Overall the S&P 500 lost just less than 25% of its value over the 10 year period. Yesterday George blogged about the events that shaped the decade and as important as it is to know what...