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The CS Monitor Work and Money section has a good article on using the Web to find a job. Why is this important? Only 5% of new hires are found via newspaper classified ads these days. More than half are found as a direct result of a job being posted on the internet.
Most companies use [...]

The first crack in the solid wall has appeared. One of the KPMG partners indicted for selling multiple tax shelters costing the US billions of dollars has pleaded guilty in order to receive a reduced sentence.
The ex-partners (they were indicted and thrown out of the practice in order for KPMG to escape indictment) had [...]

The IRS released it’s latest data book which summarized the audit activity for fiscal year 2005 (ending September 30, 2005). 1.2 million returns were audited in FY 2005 out of 130.6 million filed, which works out to an audit percentage of 0.93%. So, you’re chances are 1 in 100, right? Well, not exactly. It depends [...]

Earlier this week, I mentioned target retirement date mutual funds in a post about money managers. I mentioned that the funds are often too conservative, but I didn’t go into great detail.
Luckily, the Washington Post saved me a long post by explaning this exact phenonoma in a recent article. The Vanguard funds are far too [...]

The IRS has released 5 Revenue Rulings describing various tax scams that people should not expect any mercy from the IRS if they use them on their tax returns.
Revenue Ruling 2006-17 emphasizes to taxpayers, promoters and return preparers that inserting the phrase “nunc pro tunc” on a return or other document submitted to the Service [...]

Yes, another post bashing looking closely at H&R Block. Their current advertisements feature a guarantee that customers will get the largest possible refund from the IRS. They will refund their fees to you if you can find a way to get a bigger refund.
Sound familiar? Looking at the IRS Press Release on finding a tax [...]

CNN Money’s “Ask the Expert” column takes on professional money managers.
The basic question is whether a science teacher should ditch his collection of mutual funds for a professional money manager that will take 2% of assets as his fee. The Expert says it’s likely that he’ll lose out since he’ll be paying 1% more annually [...]

The US Senate passed the necessary, but politically senstive, bill to raise the debt of the United States to $8,985,000,000,000. The reckless spending of the US Congress has to come to an end soon as the debt is now nearly 3/4 of our annual GDP (according to the CIA Factbook) and has increased by 50% [...]

H&R Block is back in the news. This time, Eliot Spitzer is suing the company over what the company calls “Express IRAs”.
These accounts were created to take advantage of their customers a 2002 tax law change that allowed low income taxpayers that contributed to a retirement account to take a tax credit for the amount [...]