Does your tax preparer actually know tax law?

January 27, 2016 Bob Sullivan 0

Half of Americans pay for help doing their taxes, but most wish tax preparers had better credentials, a new survey has found. Only four states currently have rules surrounding who can charge a fee to do someone else’s taxes — about 1.2 million tax preparers do so annually, according to [Keep reading]

First-time home buyers: the new elite?

January 26, 2016 Bob Sullivan 1

Is buying a first home becoming more a privilege than an American birthright? That’s the provocative question posed recently by Issi Romem, chief economist of BuildZoom.com. And he answers it, cautiously, with data suggesting it’s true. Romem’s most concerning assertion: Young buyers have nearly 10% higher incomes than they did [Keep reading]

Millennials are so over debit cards; here’s why

January 19, 2016 Bob Sullivan 2

Using plastic that automatically deducts payments from a checking account has apparently fallen out of favor with the kids. Debit card usage is at a seven-year low among young adults, according to a new report published by Mercator Advisory Group. Debit card usage is flat for most of the general [Keep reading]

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