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Senate-passed health reform bill: Who's paying for the cost?

Published December 28, 2009 3734 Views

It seems to me that the average taxpayer will be paying a sizable increase in federal taxes to prevent higher cost for health insurance. The Senate's passage on Christmas eve of the Patient Protection and Affordable Care Act sets the stage for the next difficult hurdle in passage of comprehensive h...

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Home Stretch 2009

Published December 28, 2009 3790 Views

Just four business days left in 2009: four days in which to book any gains or losses, four days for tax payments to get postmarked, four days for certain car buyers to get a tax break. The week between Christmas and New Years Day is often considered a "slow" week in many fields - a great week to enj...

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Ho ho ho....

Published December 24, 2009 4039 Views

The day before Christmas has brought us a modest "Santa Claus Rally" in the form of the Dow Jones Industrial Average closing up 54 points and hitting an inter-day high for the year. A pleasant place to be when contrasted with the same time last year: 2000 points below where we are today and facing...

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Be Prepared In Case You Are Suddenly Single

Published December 24, 2009 4005 Views

Here's a little advice for Tiger Woods in case he finds himself unexpectedly single... While the emotional element of losing a spouse is the first and hardest blow, an important next step is looking towards the future and assessing your financial situation. As a single person for the first time in...

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When would my dependent child be required to file a federal tax return in 2009?

Published December 23, 2009 3614 Views

If their only income is earned income (wages) and exceeds $5,700 a tax return is required. Although, if they earn less and have taxes withheld, a tax return would be required to claim a refund. If their only income is un-earned income (investment income) and exceeds $950 a tax return is required...

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Consider converting your IRA to a ROTH in 2010

Published December 22, 2009 3989 Views

2008 was not a good year for the market. Typically it is colder during the winter than in the summer. Ok - now that I'm done stating the obvious, what can we do about it? (Buy a coat?...No, not about that; about the market!) 2009 was a year of rebounding that saw the Dow Jones Industrial average cli...

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IRS Reminds Car Shoppers about 2009 Tax Break

Published December 21, 2009 4267 Views

The Internal Revenue Service last week reminded individual taxpayers who are considering buying a new car that they have until Dec. 31 to take advantage of a tax break that may not be around in 2010. Taxpayers who buy a qualifying new motor vehicle this year after Feb. 16 can deduct the state or lo...

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Sometimes All That Glitters is Shampoo

Published December 21, 2009 3983 Views

Gold. Silver. Oil. You hear and read plenty lately in the media about these red-hot categories. Often (far too often) investors tend to focus on what's hot, what's getting the buzz on CNBC, what they hear on the radio or read online. Gold seems to be getting the most buzz, with prices at rec...

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Dear Citigroup: Fire Your CEO

Published December 18, 2009 3915 Views

If you are reading this you're probably a US taxpayer. That means that in a small way you own a significant chunk of Citigroup, once the largest US bank and recipient of $45 billion of TARP funds. Another name for TARP is "your money." That bailout represents nearly 60% of Citigroup's current mark...

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Brighton Securities...Experts in You

Published December 18, 2009 4005 Views

For our newest T.V. spots, our advisors teamed up with their clients to create a natural, unscripted snapshot of the Brighton Securities' experience from the client's perspective. We all expect financial advisors to be experts in the financial markets - at Brighton Securities, you can also e...

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