Ever wondered why the IRS allows us to deduct certain job hunting expenses if we’re looking for a job in our current occupation, but not if we’re looking for a job in another one? Or why can’t we deduct such...
You have a duty to pay taxes, but you don’t have a duty to pay more than you owe. And you only owe the amount that shows up on line 76 of your 1040—after you take all the deductions (and...
John R. Baur is vice president at Eaton Vance Management and portfolio manager of the Diversified Currency Income Fund (EZIIX). Why should individuals invest in a currency mutual fund? BAUR: People are concerned about the future of the US dollar...
Mark T. Hebner is the author of Index Funds: The 12-Step Recovery Program for Active Investors and founder and president of Index Funds Advisors (www.ifa.com). Why should investors choose index funds over actively managed funds? HEBNER: I actually started off...
If you are one of the 72 million Americans who belong to a 401(k) retirement plan, you are probably about to get your first plan statement with details about what the plan sponsors are charging you. That’s good news, but...
How do you know when you’re finanically fit enough to start making charitable donations? And once you get to that point, what do you need to know about giving away money? Here’s some pointers for those who are feeling their first philanthropic urges.
