Healthcare reform: Plan for new taxes
All Americans are weighing the pros and cons of the sweeping healthcare legislation passed in March. Almost everyone agrees with provisions that prevent health insurance companies from denying coverage for pre-existing conditions and from dropping coverage when someone gets sick. But some people may not greet tax increases with similar approval. A number of tax increases, penalties and other provisions will not take effect immediately, so now’s the time to discover which ones will apply to you and your family and take appropriate tax and financial planning steps. Know tax implications before cashing in life insurance A recent case before the Tax Court shows how important it is to know the tax implications when it comes to cashing in an insurance policy. Online shopping tips to remember Shopping online has many advantages, such as convenience and selection. But it also has its drawbacks. The anonymity of the Web can allow disreputable merchants to flourish until caught. Here are tips to help you take full advantage of your online shopping experience while avoiding scams.
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