Mary Tomkins

The Internal Revenue Service announced yesterday that the e-file program will open on January 16, 2009, with new features that expand access to electronic filing to help taxpayers get their refunds quicker. E-filed tax returns… IRS Expands Free File to Most Taxpayers for Tax Year 2008

Housing downturn sees no end as majority of new loan applications are for refinance. The Mortgage Bankers Association (MBA) reported today that mortgage loan application volume was up 15.8% from the previous week, on a… Homeowners Rush to Refinance at Record Low Interest Rates

Since December 11, 2008, Wachovia Bank began mailing restitution checks totaling more than $150 million to victims of telemarketing fraud. The checks are reimbursement for payments taken from Wachovia Bank customer’s accounts, authorized without the… Wachovia Bank Sends Restitution Payments to Fraud Victims

The nation’s economic troubles are taking its toll on consumers carrying too much debt – delinquencies are rising among many types of consumer credit accounts, as reported by the American Bankers Association (ABA) for the… Loan Delinquencies on the Rise

In his weekly radio and YouTube address, President-elect Barack Obama reiterated the importance of moving quickly to stem the rising unemployment rate. He said, “It’s not too late to change course – but only if… Obama Says Plan Could Save or Create up to 4 Million Jobs

2008 was been a rough year for all of us, and 2009 doesn’t look much better. Millions of Americans have already lost their jobs – few industries have been safe from the plague of cutbacks… Brace For a Difficult 2009

The government reported today that U.S. economy lost 524,000 jobs in the month of December, bringing the unemployment rate up to 7.2% from November’s 6.8% unemployment rate. This is the highest unemployment rate in sixteen… Unemployment Rate for December Hits 16 Year High

President-elect Barack Obama said today that the ongoing recession could last for years unless dramatic action was taken as soon as possible. Obama said, “Throughout America’s history, there have been some years that simply rolled… Obama’s American Recovery and Reinvestment Plan

It’s not like you don’t already know that things are really bad, but here are some numbers for you. The Congressional Budget Office (CBO) reported yesterday that the U.S. recession – officially recognized to have… CBO Expects Federal Deficit of $1.2 Trillion…and other bad news