Who Doesn’t Have to File Income Taxes?

By Jenny Tsay, Esq.- With tax season upon us, you might be wondering who doesn’t have to file federal income taxes. Whether or not a taxpayer is required to file income taxes depends on your age, filing status, and gross income. It doesn’t matter if you’re unemployed; what matters is if your income (from all sources)…

How Retiring Overseas Reduces the Major Living Costs

  By Kathleen Peddicord – Many people reduce their spending by eliminating or cutting back on minor discretionary expenses. For example, you could eat out less, buy fewer new clothes and start making your daily coffee at home. However, I’d argue that by cutting back relatively small out-of-pocket spending like this, you’re just tinkering around the edges.…

Home Burglary: 8 Ways to Prevent It

  By David Bakke – Home burglaries resulted in $4.6 billion in lost property in 2010, and the average dollar loss per burglary was $2,119, according to the FBI. While the cost of lost property is significant, even more significant is the emotional toll it takes when your home’s security is compromised. It’s impossible to completely…

On The Money: Cash in on Home Upgrades at Tax Time

(MCT)—As you prepare to file your federal tax return for 2013, you should remember to take advantage of several home energy-efficiency tax credits that expired last year. Several sites offer good information about the residential tax credits for the 2013 tax year. Here are a few worth a visit: —Alliance to Save Energy: Spotlights residential…

Upstate New York Seeing an Exodus

  By Michael Hill – ALBANY, N.Y. — Melissa Grothues and John Steele bailed from Buffalo last year. Dissatisfied with their bank jobs, the 25-year-old college graduates sold the house in suburban Amherst, posted ads for possessions on Craigslist and drove cross country to San Diego for a fresh start. “We were ready for a bigger…

Make Obamacare Voluntary

Just before Christmas, the Obama administration issued a blanket waiver for millions of Americans from the individual mandate requiring purchase of government-approved health insurance. The waiver, whose announcement was choreographed to give political credit to Democratic Senator Mark Warner of Virginia, was limited to individuals and families whose health plans were canceled by Obamacare. As…

Where the jobs are

A friend recently got stuck when he tried to explain to his son, who was struggling to find a job, how our economy got to be the way it is. He asked my help since I am a well-known crank on the matter. I offered him three short anecdotes: Last summer I was in a…

Obama Channels Nixon

President Obama, despondent over his low poll numbers and the lack of trust many Americans have for him and his policies, did something drastic. He met with the psychic medium who once helped Hillary Clinton contact the spirit of Eleanor Roosevelt. With the medium’s help, Obama summoned the only presence in America who could help…

Best Places to Retire Abroad in 2014

  By Kathleen Peddicord – If you could retire anywhere in the world, where would you go? As we find ourselves at the beginning of a brand new year, that’s a question worth asking. The very good news is that we are living in a time when it’s not only possible, but easier than ever to launch…