While the U.S. government has issued 13 types of savings bonds, there are currently only two series available for purchase through the U.S. Treasury Department: Series EE bonds and Series I bonds. U.S. savings bonds are nonmarketable securities, which means you can't resell them unless...
Originally posted on CNBC - we thought this was a very relevant topic. ---------------------------------------------------------------- You can look at the financial health of Social Security in many ways. The official version, found in the Social Security and Medicare Boards of Trustees' annual report, is this: Social Security's total income is...
On April 6, 2016, the Department of Labor (DOL) issued new "conflict of interest" rules regarding financial advice as it relates to retirement plans and IRAs. The new DOL rules generally hold financial professionals to a fiduciary standard if they receive compensation for providing investment...
Yes it is. Apparently there is a real company franchise called Mo Money Tax (apparently with about 300 stores and 18 states) and they were caught with tax return fraud. The owners of this particular franchise plead guilty to falisying paystub (W2) information in order...
Every year, the Trustees of the Social Security and Medicare trust funds release reports to Congress on the current financial condition and projected financial outlook of these programs. The 2015 reports, released on July 22, 2015, show that, despite some encouraging signs, both programs continue...
IR-2014-52, April 11, 2014 WASHINGTON — The Internal Revenue Service reminds U.S. citizens and resident aliens, including those with dual citizenship who have lived or worked abroad during all or part of 2013, that they may have a U.S. tax liability and a filing requirement in...
The President’s Day Holiday is one of the busiest times for IRS phone lines. But you can avoid the wait. The IRS has easy options to find the answers you need. To save time, taxpayers should make IRS.gov their first stop. Here are some of...
2014 Tax Season to Start Later Following Government Closure; IRS Sees Heavy Demand As Operations Resume IR-2013-82, Oct. 22, 2013 WASHINGTON — The Internal Revenue Service today announced a delay of approximately one to two weeks to the start of the 2014 filing season to allow adequate...