Color Of Money

Your next credit card statement is going to contain an ugly truth: how much that card really costs to use. Now, thanks to a long-awaited law that went into effect last Monday, you’ll know that if you pay the minimum on a $3,000 balance with a 14 percent interest rate, it could take you 10 years to pay off.

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The typical taxpayer is expected to spend more than three business days and more than $200 completing his or her tax return.

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It now takes more than 71,000 pages to cover and explain federal tax laws. So it’s not surprising the vast majority of taxpayers look for help preparing and filing their tax returns. Use of online tax preparation and e-filing continues to grow at record rates.

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That’s the thought that crosses many self-preparers’ minds as they get ready to tackle their taxes. Veteran CPA Steve Duben says it’s a tale as old as time. “The truth of the matter is that the law is complex and not easy to understand,” Duben said.

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Findings in the latest CareerBuilder survey show that 20 percent of employers plan to increase full-time hires this year. That is a 14 percent increase from 2009. However, unemployment rates are expected to hover around 10 percent this year.

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City Controller Alan Butkovitz today released the School District FY08 Single Audit that included an analysis by the Pennsylvania Department of Education (PDE) citing the School District’s smaller, higher poverty schools lack appropriate staffing levels.

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It will come as little surprise that the cost of groceries, gasoline and various sundries, at a little more than twice the national average, is highest in New York City. Helping push the Big Apple to the top of our list is an expensive housing market for both renters and buyers. Last quarter, New York City had an average home price of $1.1 million; an apartment there set renters back $3,400 per month…

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‘It’s devastating,’ dealership owner says after sale to Spyker falls through

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