Financial News from Kiplinger

  • Surprisingly Simple Ideas That Made Millions Kiplinger - Wed, Apr 2, 2014 3:00 PM AEDT

    Consider Arthur Fry and Spencer Silver, creators of 3M's ubiquitous Post-it Notes. Their idea for memo paper that you can stick to just about anything, which hit stores in 1980, helped contribute to the company's $29.9 billion in net sales for 2012 (Fry and Silver have since retired.) Or take Spanx's Sara Blakely, whose vision in 1998 for a new type of women's shapewear revolutionized the undergarment industry and made her a billionaire. Created by: Alli Webb and Michael Landau

  • Tax Records You Can Toss Kiplinger - Fri, Mar 28, 2014 3:00 PM AEDT

    Tax season is a good time to get rid of paper files you no longer need.

  • 10 Ways to Waste Your Tax Refund Kiplinger - Wed, Mar 26, 2014 3:00 PM AEDT

    The smarter way to spend your tax refund: Before you take on more debt, pay off the debt you already have. The smarter way to spend your tax refund: Rather than head to the mall with your refund, go to the bank to open an interest-bearing savings account to start an emergency fund -- or build upon an emergency fund you already have. The smarter way to spend your tax refund: Rather than gamble away your money, put it to work for you in a retirement account. You can contribute the full $5,500 as long as your income falls below $114,000 if you're single, and $181,000 if you're married and filing a joint tax return.

  • 9 Surprising Things That Are Taxable Kiplinger - Tue, Mar 25, 2014 3:00 PM AEDT

    In February of 2013, a northern California couple were walking their dog on their rural property when they discovered six cans filled with 19th-century gold coins. Found property that was lost or abandoned is taxable at its fair market value in the first year it's your undisputed possession, the IRS says. That means the couple may have to pay federal taxes of 39.6% on their windfall, plus California state tax of up to 13.3%.

  • 10 Reasons You're Still Broke Kiplinger - Thu, Mar 13, 2014 3:00 PM AEDT
    10 Reasons You're Still Broke

    An it's-not-in-my-job-description attitude will inevitably lead to small paychecks and poor career prospects, says Tom Corley, a certified financial planner and author of Rich Habits: The Daily Success Habits of Wealthy Individuals. "Nothing says you're worth it like the high quality of your work," says Karen Elizaga, an executive coach and author of Find Your Sweet Spot: A Guide to Personal and Professional Excellence .

  • Tax Breaks for Every Life Stage Kiplinger - Mon, Mar 3, 2014 4:00 PM AEDT
    Tax Breaks for Every Life Stage

    Don't miss out on these money-savers.

  • 9 Costly Mistakes Taxpayers Make Kiplinger - Fri, Feb 28, 2014 4:00 PM AEDT

    Heck, the IRS is holding onto $760 million in unclaimed refunds for folks who didn't even file a tax return in 2010. Each year, about 75% of all workers receive tax refunds in the spring, proof positive that too much was withheld from their checks during the previous year.

  • Fast Fixes for 10 Common Money Mishaps Kiplinger - Tue, Feb 4, 2014 4:00 PM AEDT
    Fast Fixes for 10 Common Money Mishaps

    These ten financial headaches don't have to turn into migraines.

  • How to Reduce Your Property Taxes Kiplinger - Mon, Feb 3, 2014 4:00 PM AEDT

    Think you're getting charged too much? Here are some tips to help lower your bill.

  • New Tax Rules That May Affect Your 2013 Return Kiplinger - Fri, Jan 31, 2014 4:00 PM AEDT
    New Tax Rules That May Affect Your 2013 Return

    Changes to tax rates and breaks will affect the bottom line for many taxpayers. Discover if you'll be paying more or less this spring.

  • Do Your Federal Tax Return for Free Kiplinger - Thu, Jan 30, 2014 4:00 PM AEDT
    Do Your Federal Tax Return for Free

    Depending on your income, you may qualify to use tax software at no charge through the IRS Free File program.

  • Where Do You Rank as a Taxpayer? Kiplinger - Fri, Jan 17, 2014 4:00 PM AEDT
    Where Do You Rank as a Taxpayer?

    Do you know how you compare with your fellow taxpayers when it comes to the income you make and the taxes you pay? We have the answer.

  • States With Scariest Death Taxes - Estate Taxes, Inheritance Taxes Kiplinger - Thu, Dec 26, 2013 4:00 PM AEDT

    Unless you're sitting on a very large pile of money, you don't need to worry about federal estate taxes. The 2014 exemption from federal estate taxes is $5.34 million -- and double that for married couples. ...

  • Weird Ways States Tax You Kiplinger - Thu, Dec 26, 2013 4:00 PM AEDT

    Then there's an even larger patchwork of taxation schemes crafted by 50 state legislatures, all coming up with new ways to extract coin from their citizenry. Hawaii: That's a Nice Tax Deduction You've Got Growing There

  • Deals for Last-Minute Holiday Shoppers Kiplinger - Fri, Dec 20, 2013 3:44 AM AEDT
    Deals for Last-Minute Holiday Shoppers

    Here's what you can find on sale between now and Christmas, including on Super Saturday, the second-busiest shopping day of the season.

  • 20 Small Ways to Save Big Kiplinger - Wed, Dec 18, 2013 4:00 PM AEDT
    20 Small Ways to Save Big

    Think you don't have enough money to start saving? Even little deposits add up to big bucks -- especially when you start young.

  • Retailers With Stingy Return Policies Kiplinger - Tue, Dec 17, 2013 4:00 PM AEDT
    Retailers With Stingy Return Policies

    These merchants don't give you much time -- and sometimes make it tough -- to return purchases for a refund or exchange.

  • The Five Best Stock Funds for 2014 Kiplinger - Fri, Dec 13, 2013 4:00 PM AEDT

    The market is pricier than it was a year ago, so be careful what you buy.

  • Extraordinary Tax Deductions Kiplinger - Fri, Dec 13, 2013 4:00 PM AEDT
    Extraordinary Tax Deductions

    "How about a charitable contribution for all the time I donate to the church?" No, again. On the other hand, your fellow taxpayers have successfully claimed write-offs for many things that most of us wouldn't even imagine, ranging from cat food to a casualty loss for a vehicle totaled by a drunk driver. He claimed he was entitled to a $9,000 casualty loss. Even though he was involved in an illegal activity and acted negligently, the Tax Court allowed him to claim the write-off.

  • 15 Fat-Chance Tax Deductions Kiplinger - Fri, Dec 13, 2013 4:00 PM AEDT
    15 Fat-Chance Tax Deductions

    Over the years, taxpayers have concocted a lot of zany arguments to justify tax deductions. An Appeals Court gave him an A for effort but an F in taxation, ruling that he owes tax on the distribution. He tried to deduct the payment as a casualty loss, but the Tax Court denied his write-off because he wasn't the owner of the vehicle. They claimed that the builder defrauded them and deducted a large theft loss on their tax return.

  • 14 IRS Audit Red Flags Kiplinger - Fri, Dec 13, 2013 4:00 PM AEDT
    14 IRS Audit Red Flags

    Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? The agency doesn't have enough personnel and resources to examine each and every tax return filed during a year.

  • The Most Overlooked Tax Deductions Kiplinger - Thu, Dec 12, 2013 4:00 PM AEDT
    The Most Overlooked Tax Deductions

    This is particularly important to you if you live in a state that does not impose a state income tax. So if your state doesn't have an income tax, the sales tax write-off is clearly the way to go. In some cases, even filers who pay state income taxes can come out ahead with the sales tax choice. This isn't a tax deduction, but it is an important subtraction that can save you a bundle.

  • Trade In Your Old Smart Phone Kiplinger - Thu, Dec 12, 2013 4:00 PM AEDT
    Trade In Your Old Smart Phone

    A lightly used device is worth a bundle.

  • A Gift-Giving Guide for the Truly Broke Kiplinger - Tue, Dec 10, 2013 4:00 PM AEDT

    Even the young and the penniless can wish their loved ones a happy holiday without going into debt.

  • Holiday Scams to Avoid Kiplinger - Thu, Dec 5, 2013 4:00 PM AEDT

    Follow these tips to prevent becoming a victim of identity thieves and con artists.

  • Interest Rates and the Real Unemployment Rate Kiplinger - Wed, Dec 4, 2013 4:00 PM AEDT

    There's nothing magic about a particular unemployment rate. No one number is enough to indicate that the economy is healthy.

  • James K. Glassman's 10 Stock Picks for 2014 Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    2013 was a very good year for the stocks I recommended. Let's see how I can follow up.

  • An ETF to Match the Market Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    Vanguard Total Stock Market owns almost every publicly traded U.S. company worth at least $10 million.

  • How the Government Shutdown Might Affect the Filing of Your 2013 Tax Return Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    Expect the start of the tax-filing season to be delayed -- which means a longer wait for refunds.

  • 5 Stocks to Sell Now Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    Come out ahead (if you still can) and lose these laggards.

  • 4 Smart Personal-Finance Moves for Treacherous Times Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    How to survive the hit to your wallet from gridlock in Washington.

  • Best and Worst Buys of December 2013 Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    You'll find find tools, toys and more on sale this month.

  • How Much Longer Can the Bull Market Last? Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    One market strategist with a superb record is still bullish but sees increasing danger signs.

  • Andrew Feinberg's 7 Stock Picks for 2014 Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    Bank of America's stock could reach $20 over the next year without breaking a sweat.

  • 2014 Outlook for Investing Overseas Kiplinger - Tue, Dec 3, 2013 4:00 PM AEDT

    Europe is enticing, Japan is so-so, and emerging markets are unappealing.