Who doesn’t want to save a little (or a lot of) extra money at tax time? Claiming all the deductions for which you are eligible can significantly reduce your tax bill.
With careful planning, you may find yourself paying the IRS much less than you have in years past.
His monthly segment with Dave Lee talking investing, mortgage rates, and buying health insurance. Click the link above to listen!
Newly filed fundraising reports show money is already flowing fast into the tanks of Minnesota candidates, parties and outside groups to pay for manpower, mailings and TV commercials this campaign season. Among governor hopefuls, incumbent Democrat Mark Dayton had the biggest haul and more socked away than his seven Republican challengers combined. Democratic party units were in a generally stronger position than their GOP counterparts.
Former MN Governor Jesse Ventura launches his new show with his very own State of the Union.
The Minnesota Department of Revenue is choosing paper over plastic when it comes to tax refunds. The state tax agency confirmed Wednesday it is delaying a conversion from paper refund checks to preloaded debit cards for now.
Click the link to hear Jordan Goodman talk with Dave Lee
Regardless of how your 2013 was, everyone gets a fresh start on Wednesday, Jan. 1, 2014. For many, they mark this new beginning with a resolution. Much like the first day of school, looking at your goals for the year can be daunting.
Target is getting hit with another lump of coal this holiday season. The nation’s second-largest discount retailer said Tuesday that an unidentified number of gift cards sold over the holidays were not properly activated.
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.
Will Wall Street’s winning streak continue in the new year? Click the link to listen to the podcast!
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.
Minnesota’s tax collections have come in $2 million below expectations in the first three months of the newly enacted state budget.