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Tax Preparers Work Night Shift As Tax Deadline Nears
Tim Boyle, Getty Images
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Happy(?) Birthday Federal Income Tax

On February 3, 1913, the 16th amendment to the Constitution was ratified. In case you were sleeping in history class, that is the amendment that granted Congress the authority to levy taxes on income.

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Category: Money Tags:
Subscribers May Pay For Facebook
Romio Hasan, Flickr
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Pay For Facebook? Experts Predict Future Fee

Would you pay for Facebook? A technology research company is predicting that we can expect an option to pay for Facebook in the future, according to Fox News. Analysts say there could be a premium charge for subscribers and more advertising.

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Category: Business, Money, Newsletter Tags: ,
Tim Boyle, Getty Images
Tim Boyle, Getty Images
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Is Cheating on Your Taxes Okay?

It is getting to be that time of year. Tax day is right around the corner — but that doesn’t mean we’ll all pay our fair share. We would all like to pay a little less and the "fudging" of tax number could make that happen. Would you, or do you, do that?

An IRS survey last year found the percentage of people who thought it was acceptable to cheat “as much as possible” on their returns doubled compared to 2010.

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Category: Money Tags: , ,
Valentine's Day
_rockinfree, Flickr
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People Spending More Money For Valentine’s Day

More people are going to spend more money this year for Valentine's Day, which is up eight percent from last year. Some will spend up to $200 between flowers, gifts and dinner, while four million Americans are expected to get engaged. 

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Powerball Jackpot Rises To $170 Million
Tim Boyle/Getty Images
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Powerball Jackpot at $170 Million

If I win the Powerball jackpot tomorrow night, I plan to continue working. Working on a suntan, working on traveling to as many exotic places as possible. It's a tough job, but somebody's gotta do it. The February 1st Powerball drawing will feature a jackpot of $170 million.

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Category: Money Tags:
uggboy, Flickr
uggboy, Flickr
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The Cheapest Time to Book a Flight? — New Study To Save You Money

We went to Florida over the Christmas holiday, and spent a lot of time beforehand searching for the cheapest fares. There were people who said that Tuesday nights after midnight there were special sale on the internet (I never found them). Or, the "earlier you buy, the better rate you get". Not true for us! So now, there is a  new study, that says getting the best prices by buying as early as possible, may not necessarily be true.

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Category: Money, Travel Tags: , ,
pete, Flickr
pete, Flickr
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It’s Unbelieveable How Much Americans Spend on Coffee and Lunch Each Year

In this day of a tight budgets, in a tight economy, you might find it hard to believe how much the average American spends for coffee and lunch on a daily basis. A new survey of Americans’ workplace spending habits shows that on incidentals like coffee and restaurant lunches every year — we spend almost $3,000 per person, on average.

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Category: Food, Lifestyles, Money Tags: , ,
Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Cash or Credit -Your Preference? — Dollars and Sense

Retailers reported that the use of  credit cards  jumped during the holiday shopping season, but there also is a  new report that would suggest that cash is still our preference in many instances.

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Category: Money Tags: , ,
alancleaver, Flickr
alancleaver, Flickr
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Amazing Prices on Cold Weather Gear — Dollars and Sense

We hear all the debate about global warming. Well, it seems that a group scientists from NASA NASA  recently announced the earth’s surface temperature is slowly rising, giving us a very mild wi8nter thus far — and now it seems that phenomena is affecting the prices you’ll pay for winter clothing and gear

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Category: Money, Science Tags: , ,
teacher is sudden billionaire
abc news/facebook photo
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Teacher Discovers $9.8 Billion Bank Error, Gives Money Back

Parijat Saha, a teacher in West Bengal, India got a very big surprise at a recent visit to the ATM. Saha, who earns a salary of 35,000 rupees or about $700 a month, had expected his account balance to be around $200. To his shock, it was suddenly 490 BILLION Rupees or about 9.8 billion U.S. dollars. What Saha did next was a surprise to me.

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Category: Money Tags: ,
Gas prices are on the rise again in Flint
Justin Sullivan, Getty Images
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Gas Prices Could Hit $5 A Gallon By Summer

Last week analysts were predicting gas prices could reach $4.50 a gallon by Memorial Day and now experts are saying they could soar to $5 a gallon, according to GasBuddy.com. They say if it does reach $5, you can expect to see gas prices around this same price for the entire summer.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Credit Cards Reason For Strong Black Friday?

So, did you spend more on Christmas this year than you planned? Did you pay cash or did you use those credit cards?  Even though the retailing industry reported very strong sales on Black Friday, there is  new data that shows where much of that money came from: credit cards.

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