Tax Season Opens January 30 for Most
Though the tax filing season is open for most taxpayers – whether they are filing electronically or on paper – on January 30th, the Internal Revenue Service will not be ready to accept returns claiming…
Mary Tomkins
Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
NAR: 2012 Most Affordable Year in Housing
Americans who were able to get a mortgage and bought a home last year took advantage of the low prices and great mortgage rates in the most affordable housing year on record. Housing affordability set…
Almost Two-Thirds of Americans Admit Responsibility for Financial Troubles
Almost two-thirds of Americans admit that their financial troubles are of their own doing, according to a December poll by the National Foundation for Credit Counseling. Of poll respondents, 63% said their financial woes self-inflicted…
Ten Banks Agree to $8.5 Billion Settlement
Ten U.S. banks have agreed to pay $8.5 billion to settle charges that they wrongfully foreclosed on millions of homeowners in the aftermath of the housing bust, the Federal Reserve reported on Monday. Banks involved…
Shared Housing and Food Stamps Rose in 2011
The number of adults living in shared housing and the number receiving food stamps increased since before the beginning of the recession through 2011, but the there was little change in the number receiving public…
Avoid Falling Victim to Post-Disaster Scams
Hurricane Sandy slammed the Northeast on Tuesday and left devastation in its wake. Dozens of human lives were lost, millions more have been affected by flooding and power loss, and property has suffered billions of…
Retirement Doesn’t Look Golden for Many Americans
Over half of Americans don’t feel secure about their upcoming retirement and more than a third could be living their golden years in poverty, according to a bank survey of people ranging from age 25…
Unemployment Rate Drops 0.3 Percent in September and Raises Suspicions
The government’s unemployment figures reported for September reflect that the nation’s jobless rate fell a whopping 0.3 percent and brought the unemployment rate to its lowest level since January 2009. The unemployment rate fell from…
FTC Refunds Nearly $1 Million to Victims of Telemarketing Scheme
Refunds will be sent this week to consumers who were swindled by a telemarketing scam that promised “free” goods and services such as gift cards, gas cards, and resort vacations, the Federal Trade Commission reported…
Census Bureau: Mississippi Poorest State in the Nation
Earlier this month, the U.S. Census Bureau reported that last year the nation’s median income slipped 1.5 percent to $50,502, the percent without health insurance coverage fell by 0.6 percentage points to 15.7 percent, and…