3 Ways to Cut Your Investment Tax Bill

As tax season draws to a close for another year, you may be among those feeling the pinch from taxes paid on investments. I admit that paying taxes is not exactly my favorite thing, so I always look for ways to be more tax-efficient. Here are three things you can do to keep more of what you earn: First, buy tax-efficient investments. Mutual funds that turn over stocks in the portfolio pass along any taxable gains to their holders. Many active funds …

Are You Scam Savvy or an April Fool?

This week, Hump Day is more than just Watchdog Wednesday. Being April Fools’ Day, when better not to be fooled by common scams of the season. Take this quiz to gauge your gotcha-avoidance know-how (answers at the bottom): 1. After you file your tax return, the IRS telephones, asking that you verify submitted personal information. How should you respond? A. Hang up. B. Provide the requested data. 2. Bathing-suit season beckons, and advertisements promise that a miracle supplement drops pounds fast — with a …

11 Things We Didn’t Know Last Week

News, discoveries and fun … 1. The average cost of a wedding stands at $32,213, including $555 for the cake. (Learn more at The Knot) 2. Social Security records erroneously show that 6.5 million people in the United States have reached the age of 112. (Learn more at Associated Press) 3. Barbra, Nanette, Sondra, Elmo and Waldo are on their way to extinction as baby names. (Learn more at Yahoo! Parenting!) 4. The zorro bubble-nest frog, Amsterdam albatross and tropical …

Need Cash? IRS Has $1 Billion in Unclaimed Refunds

Here’s a time you want to hear from the IRS. The agency has $1 billion in unclaimed refunds belonging to about 1 million people who didn’t file a 2011 tax return. The IRS holds the money for three years, after which it goes to the Treasury Department. Time is running out for 2011 refunds to be recovered by taxpayers. See how Life@50+ can affect your life – Register today » “Some people may not have filed because they didn’t make much money, but …

FTC: $1.7 Billion Lost to Fraudsters in 2014 — ID Theft Top Complaint … Again

Consumers reported losing $1.7 billion to scams and frauds in 2014, according to an annual review released by the Federal Trade Commission. That figure is likely a fraction of actual losses, since many people never report their victimization. For the 15th consecutive year, identity theft was the top complaint in the FTC’s Consumer Sentinel Network Data Book, accounting for 13 percent of the total 2.5 million filed complaints. That’s the same percentage as in 2013, but with more people reporting …

Obamacare: Ofrecen indulto tributario a los que no se han registrado

No sé si a ustedes les sucederá lo mismo que a mí, pero la temporada de llenar la declaración de impuesto federal del Servicio de Rentas Internas (IRS, por sus siglas en inglés) por si sola parece representar un riesgo de salud: la ansiedad, el insomnio y la presión alta llegan cada vez que pienso en que una vez más tengo que sentarme a completar cuidadosamente todos esos papeles, computar todos esos números, recuperar todos mis recibos. Considerando lo complicado y …