A new trend is sweeping the nation and it may not bode well for your retirement plans. Termed the “senior sandwich” by financial pundits, this trend is characterized by parents who are caught betw
Finance & Economy
The law authorizes a special break for home sellers. They can “exclude”—that is, “escape”—taxes on as much as $500,000 in profit for married couples filing jointly and $250,000 for those w
BY Julian Block
In May, President Bush signed the 2006 tax act, which introduced a host of changes. Besides those revisions, there are others that are mandated by indexing, government lingo for annual upward adjustme
BY Julian Block
The ability to control land is one of the most important elements of wealth creation in America. Early economists extolled the value of land, labor and capital as key ingredients to succeeding in a ma
BY David Hinson
For 2006, there are six tax brackets: 10 percent, 15 percent, 25 percent, 28 percent, 33 percent and 35 percent. But these seemingly simple numbers can pack a hidden wallop. More than 90 percent of th
BY Julian Block
Lee Jasper is the director for equalities and policing at the Greater London Authority. Recognized by the European Union as one of only a handful of experts on race relations and equality issues, Jasp
BY Salome Kilkenny
The face of aging in the United States is changing dramatically and rapidly, according to the U.S. Census Bureau. Today’s older Americans live longer, have lower rates of disability, achieve higher
Recent changes to the law include valuable breaks for a wide range of small businesses. What follows are the highlights of several good-news provisions.Health insurance deductions for the self-employe
BY Julian Block
In 1701, Benjamin Franklin said, “If you would be wealthy, think of saving as well as getting.” His emphasis on the importance of saving set America on a course for high savings levels and tremend
BY David Hinson
Sixty-six percent of Americans own cell phones and, by the end of the year, nearly 25 percent of families will be watching a high-definition TV. When you read statistics like this, it’s only natural
BY Lynn O'Shaughnessy