In the midst of the holidays, taxes are likely the last thing on the minds of most people. But maybe they shouldn’t be. From selling a car to buying energy efficient windows, there are ways to get money back before 2013 comes to an end. And there may be a few extra tax deductions that most people don’t even know about, according to Jeff Bergerson of Bergerson Tax Services in St. Paul. The Energy Efficient Credit is a major one.
Police are teaming up with Crime Stoppers to solve a homicide that happened in the summer of 2012. Lois Swenson was found murdered in her north Minneapolis home on June 13, 2012. Lt Richard Zimmerman believes Swenson had helped the suspect in the past. He said there is a man who knows the suspect, and they hope he comes forward.
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Minnesota’s campaign finance regulatory agency plans to implement new auditing procedures and seek a law change to deal with errors in its database of political fundraising transactions.
Bloomington police cited a 29-year-old man for disorderly conduct for tossing 1,000 dollar bills over an upper floor railing at the Mall of America. Serge Vorobyov, of Apple Valley, admitted throwing the money as a choir performed “Let it Snow” on Friday.
You know the old saying: money doesn’t fall from the sky? Well, it did on Black Friday at Mall of America. Serge Vorobyov threw $1,000 in dollar bills from the fourth floor of the Mall of America rotunda as a choir performed “Let it Snow” on the ground floor below.
Is it better to use points, cash back, or miles? When it comes to credit cards, all rewards are not created equal. With so many options out there, we wanted to know what’s the best deal. As sifting through her stuff, Jamie Tauer admitted to making what experts consider one of the biggest credit card mistakes of all.
There are so many charities out there, it’s sometimes hard to know which ones you should donate to, where you’re reassured your money going directly to the cause. Last year alone, Americans donated more than $300 billion to charities.
One of the biggest things couples fight about is money. A recent study by Harris Interactive for the American Institute of CPAs found the three biggest money-related arguments: wants vs. needs, unexpected expenses and insufficient savings. So that had us wondering: Should men and women have separate bank accounts? According to Nicole Middendorf, financial analyst and CEO of Prosperwell Financial, the answer is usually ‘yes.’ “Because, otherwise, I tend to find people fight too much,” she said. “We are generally so busy in our lives that we don’t take the time to communicate, especially about something that’s not fun to communicate about.”
The Salvation Army kicked off the holiday season with its “Rock the Red Kettle” Campaign on Saturday as hundreds of bell ringers set up at Cub Food Stores throughout the Twin Cities. The Salvation Army is looking to raise more than $10 million this season, and in order to reach that goal, Commander Jeff Strickler said they will need a lot more volunteers. “We have 120,000 hours to fill with volunteer bell ringers, so we can use all the help we can get from people,” Strickler said. Whether it’s a couple of hours or a few dollars donated, Strickler said it all adds up.
Starting Friday, thousands of Minnesotans using food stamps will have a lot less money to purchase food as billions of dollars are being cut from the Federal Food Assistance Program. This is the first across-the-board reduction ever for the program.
A University of Minnesota sophomore is living on an extreme budget, and chronicling it online. David Levitz’s apartment is barebones, like a lot of college students.
Turning a negative into a positive
Retirement used to mean packing up and buying a home in Florida, but not anymore according to Retirement Plan Partners president and financial advisor Joe Connell. “The trend is that people are going to have to extend their retirements mostly due to things outside of their control,” Connell said. According to an Associated Press-NORC Center for Public Affairs Research poll released Monday, 82 percent of workers 50 and older say it’s at least somewhat likely they’ll work for pay in retirement, while another 47 percent plan to retire later than they previously thought.