tax credit
What's More Important: Saving or Paying Down Debts?
7:00AM 9/03/2011
For many households, it's a personal fiance dilemma: Should they try to pay down debt first, or build up savings? In the aftermath of the Great Recession, opinions have clearly tipped toward the ditch-your-debt side. But that's not always the right answer.
These days, almost everyone is looking for more ways to save money. What if you could save money and get a tax break for doing it? Under the ramped-up Retirement Savings Contribution Credit, sometimes called the Savers Credit, you can.
If you make qualifying contributions to an IRA, 401(k) and...
If you think you may have missed out on energy tax credits because you didn't get to those energy-saving improvements on your 2010 to-do list, think again. When President Obama signed the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 last December, the benefits...
It has become clear to politicians and scientists that corn-based ethanol isn't the solution for creating a home-grown fuel source. Enter "cellulosic ethanol," made from wood chips, weeds or algae. Could it be the fuel of the future?
The automaker has licensed technology from the Energy Department's Argonne National Laboratory that will boost the performance of lithium-ion battery cells for its electric Chevy Volt. The next-generation power packs will be made at a new plant in Michigan by Korea's LG Chem.
Some parts of the country are still digging out from the recent nor'easter -- and winter is only a few weeks old. With heating costs soaring as the temperatures dip, it's a great time to think about ways to become more energy efficient, which may even include the purchase of home improvements meant...
Will the Obama-GOP Tax Deal Really Create 3.1 Million Jobs?
12:09PM 12/08/2010
The tax cut compromise between Obama and the GOP is now being touted as a back-door stimulus plan, one that some economists predict will create or save 3.1 million jobs. Unfortunately, the model on which those forecasts are based makes some flawed assumptions.
Obama Pushes His New Stimulus Plan
2:20PM 9/08/2010
Speaking in Cleveland, President Obama laid out the details of his plan to boost the economic recovery: $50 billion for infrastructure spending; a $100 billion R&D tax credit; and $200 billion to induce U.S. companies to make capital improvements now rather than later.
President Barack Obama plans to propose billions of dollars worth of tax breaks for businesses, several of which are similar to proposals that previously enjoyed strong Republican support.
How do I get out of a home I can't afford? Help Me WalletPop!
7:00AM 9/03/2010
Debt, Credit, Real Estate, Consumer Ally, Personal Finance, Family Money
If you're having a problem with a business, Consumer Ally can help. Write us at HelpMe@WalletPop.com.
Q. We bought a house in Tennessee, and we are deep into debt. We want to know if we can just ask the bank to take back the house? And would we owe the bank money? We have two car payments we are...
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