IRS: Over $1 Billion Owed to 1 Million Taxpayers for 2008
While your working on your taxes over the next few months, it may be a good idea to check and be sure that you filed your 2008 tax return. The Internal Revenue Service announced on…
Mary Tomkins
Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
Housing Market Looking Up
The housing recovery has been slow and the small progress has often been hampered by a step or two backwards. But overall, industry experts generally speak positively about the direction of the real estate market.…
Health Savings Accounts
As the cost of health care continues to rise, consumers flocked to tax-advantaged Health Savings Accounts in record numbers last year. J.P. Morgan Treasury Services said the average Chase HSA balance of $1,547 in 2011…
Pending Homes Sale Slip 3.5% in December
Pending home sales slipped 3.5% in December after reaching a 19-month high, but were 5.6% above levels from the same month in 2010, the National Association of Realtors reported on Wednesday. Pending home sales are…
Tax Return Deadline Extended to April 17th This Year
Now that the holiday season has passed, it’s time to start thinking about the next big event – tax season. The Internal Revenue Service announced that the deadline for filing 2011 tax returns and paying…
IRS Holding $153 Million in Undeliverable Tax Refunds
The Internal Revenue Service put out a reminder that the agency is hanging on to $153.3 million in undeliverable tax refund checks – owed to just over 99,000 taxpayers. The undeliverable tax refunds averaging $1,547…
Consumer Confidence Surges in November but Remains Historically Low
Amid better jobs reports and pre-holiday spending, consumers have a more positive outlook on the economy for the first time since summer. Consumers’ overall feelings about the economy surged in November, according to a report…
Existing Home Sales Increase 1.4% in October
The inventory of existing homes on the market fell in October and the pace of home sales increased to a level 13.5% above what they were a year ago, according to a report released by…
Big Banks Nix Plans to Increase Debit Card Fees
Several banks announced they will nix their plans to increase debit card fees in response to consumer outcry. Wells Fargo said in a statement on Friday that they will cancel their five-state pilot program for…
FTC: Drug Makers Continue to Delay Cheaper Generics for Consumers
Many cost-conscious Americans choose to opt-out of the prescription drug benefit with their health plan in order to save on their premium. I’m one of them. I’m generally healthy and don’t need medications on a…