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Personal Finance

IRS increases mileage rate to 55.5 cents per mileIRS increases mileage rate to 55.5 cents per mile
[Jun. 25, 2011] The Internal Revenue Service today announced an increase in the optional standard mileage rates for the final six months of 2011. Taxpayers may use the optional standard rates to calculate the deductible costs of operating an automobile for business and other purposes. The rate will increase to 55.5 cents a mile for all business miles driven from July 1, 2011, through Dec. 31, 2011. This is an increase of 4.5 cents from the 51 cent rate in effect for the first six months of 2011, as set forth in Revenue Procedure 2010-51.
 
Consumer Reports says manufacturer's enticing rebates often go unclaimedConsumer Reports says manufacturer's enticing rebates often go unclaimed
[Feb. 23, 2007] Rebates move merchandise and promote new products, so manufacturers like them—especially because they so seldom have to pay out: four of 10 people who qualify for a manufacturer’s rebate never collect, says Consumer Reports in the March issue.
 
Consumer Reports rates 60 most consistently successful stock mutual funds open to new investorsConsumer Reports rates 60 most consistently successful stock mutual funds open to new investors
[Jan. 27, 2007] It doesn’t take big risks to beat the stock market, according to the Consumer Reports Money Lab in its latest tests and ratings of the most consistently successful large-cap, mid-cap, small-cap, asset-allocation, global and sector mutual funds.
 
Ten finance tips for newlywedsTen finance tips for newlyweds
[Apr. 18, 2006] After the wedding bells stop ringing and the bills for the dress, flowers, photographer and honeymoon arrive, many newlyweds find their physical and emotional compatibility may be trumped by their financial incompatibility. Money is a major sticking point in many new marriages and the number one cause of divorce and marital fighting. However, it doesn’t need to be.
 
Free income tax assistance available in ChathamFree income tax assistance available in Chatham
[Jan. 28, 2004] Tax time is fast approaching and once again the Volunteer Income Tax Assistance (VITA) program will provide volunteer tax preparers for seniors and other low to middle income clients. Free assistance in completing Federal and North Carolina income tax returns is available in Chatham County. By Dale Olbrich
 
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