Chase Card Services has announced it will increase its donations from its AARP Visa Card to help fight hunger in older Americans during the month of May. The credit card company has committed to doubling its donations during May, which has been designated Older Americans Month. Chase announced last year that during 2011 and 2012 [...]

Is the IRS winning the battle against tax return fraud? Hardly. Tampa is the city that holds the dubious distinction of having one of the country’s highest incidences of tax return fraud. It is estimated that from Tampa alone the amount of tax refund theft amounts to hundreds of millions of dollars. Tax return fraud [...]

Americans don’t write as many checks as they used to, but they’re not yet ready to turn their financial lives over to their cell phone provider. Those results headline a new study commissioned by American Express and involving 1,600 American consumers. Researchers found that younger Americans drive new technology adoption, but older Americans’ fears around [...]

If you have income from work or investments overseas, it is important that you pay your taxes on this income. This would involve those with dual citizenships and those who have lived and worked in other countries either the whole or part of 2011. The IRS has issued 6 guidelines for you if you fall [...]

Given very low expectations, there are some encouraging signs for  a weak economic recovery in the UK. The OBR increased growth forecasts to 0.8% in the UK for 2012. Helped by recovery in the service sector, it looks like the UK will avoid a double dip recession. This still leaves GDP below the 2008 peak [...]

Debt collectors racked up twice as many consumer complaints as credit card issuers in 2011, according to statistics compiled by the Federal Trade Commission. Yet, analysts awarded this year’s top spot in the annual complaint roundup to identity thieves. The FTC’s annual report on consumer disputes includes records of 279,156 identity theft issues, amounting to [...]

PRESS RELEASE - Save Money on Your Taxes with Mortgage Debt Forgiveness Tampa, Florida Wednesday, Mar 7, 2012: If you have any form of debt cancelled, you are liable for tax on the amount forgiven. “But with mortgage debt, it’s different,” says Darrin Mish, a tax attorney based in Tampa, Florida. If your mortgage debt was [...]