Tuesday, September 27, 2016 Elul 24, 5776
By:
Joel L. Naroff, JE Feature
The beat goes on, the beat goes on. Unfortunately, the drumbeat pounding the rhythm to the brain is not soothing. As the data continue to pour in, the picture of an economy in crisis becomes clearer. Jobs are being lost at an extraordinary pace, the unemployment rate is rising sharply, and confidence remains at lows not seen before. Into the...
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By:
Craig G. Langweiler, JE Feature
In October 2008, Congress passed a $700 billion emergency bill designed to help shore up the nation's financial system. Fortunately, it also included a few provisions that may help reduce the tax burden for some Americans. Here's a look at some of the most valuable new or newly extended tax breaks for 2008 filers. The alternative minimum tax is a...
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By:
While the Philadelphia region was not hit nearly as hard by Bernard Madoff's alleged $50 billion Ponzi scheme as other regions -- New York City, say, or Palm Beach, Fla. -- several dozen area individuals, estates and family trusts turned up on a court document, released last week, that painted a fuller picture of those who fell victim to the...
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Maybe not as depleted demand may mean an increase in prices for this new year
By:
Madalina Iacob, JE Feature
Oil companies around the world are rapidly scaling back exploration and refining plans since the price of crude has plummeted from $147 to just above $40 a barrel over the past four months. With demand slowing, income plunging and credit scarce, prospecting for new oil looks a lot less lucrative -- and is harder to execute. "Everyone is cutting projects,...
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On top of everything, tax refunds have increased for 2008 filers
Tax refunds have risen an average of $200 for people who have filed their 2008 tax returns early, the Internal Revenue Service reports. Part of the reason for the increase -- the IRS has made several changes aimed at helping taxpayers save money this year. Really? That's right. In an ongoing effort to make what has evolved into a burdensome...
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