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Economy

IRS tax fraud map
See full size here. (Credit: IRS)
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How to Stop Identity Thieves From Stealing Your Tax Refund

Last week, the Internal Revenue Service announced that it had targeted about 400 identity thieves across the country. The thieves were using stolen Social Security numbers to file false tax returns and then claim the refunds.

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401 (K) 2013, Flickr
401 (K) 2013, Flickr
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5 Ways to Save Money on Your 2013 Taxes

It's hard to believe it's already the middle of tax season. 2013 is off to a fast clip, and unfortunately this means that Tax Day is right around the corner. You could bury your head in the sand until you hit April 14 panic mode, or this year you could give yourself a burst of energy and self-confidence knowing that you met your taxes head-on. Here are money savers to get you started:

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Category: Economy Tags:
taxes
iStockphoto
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What Are the Average Costs of Getting Your Taxes Prepared Professionally?

Using online programs like Turbotax to file personal taxes is growing more and more popular, but there are still plenty of good reasons to hire a professional. The money you save by doing it yourself may not ultimately be worth it, since an accountant is trained to find those extra deductions and other ways to lower your overall bill to the IRS.

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Category: Economy, Money Matters Tags:
veteran
iStockphoto
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Wal-Mart Plans to Hire 100,000 Veterans

The national unemployment rate spiked following the 2008 financial crash, and it has remained stubbornly high ever since. Unfortunately, it has been even worse for returning American servicemembers. Today, though, Wal-Mart announced a plan to hire 100,000 veterans over the next five years.

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Category: Career, Economy Tags: ,
Cat
Thinkstock
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Cat Defeats Professional Wealth Managers In Stock-Picking Contest

In his book 'A Random Walk Through Wall Street,' economist Burton Malkiel famously declared that "a blindfolded monkey throwing darts" would able to pick stocks just as well as the professionals.

His theory has been tested over the years, with mixed results. But new evidence out of England suggests that it is cats, not monkeys, that all money managers should be measured against.

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Category: Animals, Economy, Humor, Money Matters, Pets Tags:
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Would You Do Your Christmas Shopping in January to Save Money? — Survey of the Day

We all know some of the best sales of the year come right after Christmas. So here's an interesting thought: Why not do your holiday shopping in early January and get more bang for your gift-giving buck?

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Handshake
Creatas
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Job Market for College Graduates Is Improving — Dollars and Sense

Good news for college students: the job market is starting to look a little brighter, with 5 percent more employment opportunities predicted for new college graduates this year, according to a recent survey conducted by the Michigan State University’s Collegiate Employment Research Institute.

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Cost of Thanksgiving graphic
American Farm Bureau Federation
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What Will Thanksgiving Dinner Cost This Year? — Dollars and Sense

The price of Thanksgiving is going up this year, but not as much as you might think.

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Holiday shoppers ready to spend
Sandy Huffaker, Getty Images
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Good News for the Economy: Consumers Ready to Spend This Holiday Season — Dollars and Sense

Holiday spending is expected to increase this year, as a new report indicates that more Americans are finally seeing a little reprieve from the last four years of economic anxiety.

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Turkeys
Justin Sullivan, Getty Images
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Thanksgiving Turkeys Will Be Cheaper Than Expected This Year — Dollars and Sense

The price of turkey is going to be cheaper than expected this year, largely because many retailers were able to lock in the cost of the birds before the summer’s drought sent feed prices way, way up.

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Category: Economy, Food, Thanksgiving Tags:
gas prices
iStockphoto
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Could Gas Prices Fall Below $3 This Holiday Season? — Dollars and Sense

The chances of gas prices falling below the $3 mark anytime in the near future might seem unlikely, but analysts say that it could come close. Fuel costs, already dropping, are expected to continue to do so for the rest of the year.

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Category: Economy Tags: ,
President Obama Signs The Middle-Class Tax Cut Bill
Pool, Getty Images
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Your Taxes Will Almost Certainly Go Up in January, and Congress Won’t Stop It — Dollars and Sense

Regardless of who wins the presidential election, starting January 2013 some 163 million workers across the United States will be slapped with a significant tax increase.

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