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Frequent flier miles aren’t so enticing when they’re taxable. That may be the sentiment among Citibank customers who are receiving 1099 tax forms from the bank to report their frequent flier miles.
So, if Groundhog Day was Thursday, that means Valentine's Day is coming up soon, right?
The conventional wisdom is that allowances make children responsible money managers as they learn to budget so they don't run out of cash.
You've let January pass by, and you still haven't revised your resume.
Taxpayers swamped by big medical bills in 2011 can get some relief when they file income tax forms this spring thanks to an overlooked deduction that is hard to reach in a typical year.
One out of five taxpayers eligible for a key tax credit don't claim it on their federal returns.
If you want to know how the Chinese economy is doing, look no further than KFC. Chinese diners are crazy for Kentucky Fried Chicken. That appetite has been a big driver of profits at KFC's parent company, Yum! Brands Inc. Forty-nine cents of every dollar of its earnings comes from China.
Q. I have two credit cards each at 13.99 percent, totaling $9,100 of debt. I also own my truck outright. It is valued at $11,000. I make $400 in total payments to my credit cards per month. My idea is to sell my truck, pay off the credit cards and buy a used vehicle for around $15,000. This would be lower than what I currently pay to my credit cards. I understand this will increase my total debt, but it will be at a lower rate and it will be a secured debt. Is this a good move?
Will you be glued to Super Bowl XLVI on Sunday? You bet! Will you, like many others, make a friendly but possibly substantial wager on the game? You bet!
The jobless rate is dipping, but millions of people are still out of work. And that could have implications when they file their income tax returns.
As an employment specialist and community outreach coordinator for JVS, the 56-year-old Farmington Hills resident leads workshops, counsels job-hunters and helps the long-term unemployed find new careers and fields, as well as connecting them to the network of people they need to tap for a job.
Choosing someone to prepare your income tax return should not be taken lightly.
President Barack Obama’s State of the Union speech may be causing anxiety for families with college-bound students. In addressing the rapidly rising cost of higher education, Obama noted that the fixed interest rates on student loans are set to double in July if Congress fails to act.
Q. My boss recently moved my desk so that I would be farther away from my co-worker, “Tamara.” Tamara’s annoying behavior causes me to react, and our conflicts have been getting progressively worse. I’ve tried ignoring her and killing her with kindness, but nothing seems to help.
Your Money columnist
Award-winning Your Money columnist Brian J. O'Connor of The Detroit News offers news and practical personal finance advice.
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Daniel Howes You know Detroit’s fiscal crisis has reached the big time when Rev. Jesse Jackson shows up. His cause is predictable and, in theory, understandable: Michigan Public Act... Read More
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