Blog

So, let's see: Congress can't agree about raising the debt ceiling, unemployment is stubbornly high, housing seems to remain mired in a slump, car sales are slowing, Greece needs another bailout, and tornadoes have wrought havoc down south. Nothing but bad news. (Unless you're Lady Gaga, who just s...

Today's Op-Ed piece in the NY Times by Joe Nocera reflects a sentiment that I have expressed before in this space. That he makes mention of a local company makes it all the more compelling. Read the article here. GTC (This article contains the current opinions of the author but not necessarily th...

Who was it that said, "knowing is half the battle"? In yesterday's USA Today, there was a simply written article with a good point: Baby Boomers are paralyzed by fear when it comes to their retirement. This is a phenomenon that is rather common and unfortunate because those that could benefit the...

(Or estate planning for married folks) The good news is that fewer people will have to be concerned with federal estate taxes. For 2011 and 2012 the estate tax exemption for an individual is $5 million. If you and your spouse are US citizens and one spouse dies, you can take an unlimited marital d...

For most Americans estate planning has always been somewhat confusing. The 2010 Tax Relief Act has elevated this confusion to new heights. There are two estate tax rules for 2010. The default rule imposes a tax rate of 35% and with an exemption of $5 million for individuals ($10 million for marrie...

Tax returns from 1983? Cancelled checks from the Clinton Administration? Phone bills from If you still have these kinds of documents lurking in your closet, your attic, or anywhere else, now is your chance to free up a little space.This Friday, May 20th, we will hold our second annual Shred Day from...

The financial media has plenty of coverage of the guilty verdict in the trial of billionaire hedge fund operator Raj Rajaratnam. Apparently Rajaratnam's wealth was due at least in part to trading on tips he solicited (and paid for) from a network of associates willing to break the law for bags of ca...

Back in 1980, the price of silver hit an all-time high of over $20 per ounce (gold was high, too). Jewelry and coin dealers were advertising heavily to buy precious metals - bracelets, silver dollars, what have you - offering high prices. Does any of that sound familiar? I had a small box of silve...

It's bankruptcy is past, it's arch-rival Toyota struggling, GM is now making cars that people are buying. The result: General Motors announced sharply higher earnings this morning. Looks like a higher opening for GM shares today. Our local phone company, Frontier Communications, also reported thi...

After this morning's welcome news that a detested terrorist has been killed, focus should now turn to how many of your hard-earned tax dollars are being sent to Pakistan. According to this morning's New York Times, the US plans to send $7.5 billion to Pakistan over the next five years. At $1.5 bill...