If you owe on certain debts, the IRS can keep a portion of your federal refund to satisfy the debt. Read this tax tip to learn more.
Indices closed in the green zone Tuesday. Caterpillar, IBM and 3M led the upswing. Brands rallied back for the most part from Monday’s drop.
Indices closed out in deep-red territory Monday. Stocks such as Bank of America, Ford Motor and Chevron stood out among decliners. Brands ended trading near session lows.
Indices closed out mixed on Friday. Kraft Foods, Procter & Gamble, Johnson & Johnson and Exxon Mobil led Dow advancers. After volatile moves throughout the session, the Dow traded well off session lows to land in positive territory. The S&P and Nasdaq shed some points.
Energy and basic materials shares led the drop Thursday. Stocks such as Alcoa, Caterpillar, Bank of America and Chevron stood out among Dow decliners amid increasing global economic growth concerns.
Last December, Congress extended a number of the Bush-era tax breaks, but only for a limited length of time. It is probably a safe bet that most won’t get extended further, considering the size of the national debt. Although numerous tax breaks were extended, only a few provide you with an opportunity to take actions that can reduce your tax bite. But if you want to take advantage of those tax breaks, you need to act this year or next. Here is a list of those extended tax breaks and what will happen when they expire.
Indices ended in the green zone Wednesday. MasterCard, Coca-Cola and General Electric stood out among advancers on the Dow. Brands lifted amid a variety of economic news.
Indices closed well into the red zone Tuesday. General Electric, United Technologies and Home Depot led the Dow’s downswing. Brands traded lower amid a slip in consumer spending and news that President Barack Obama signed a plan to raise the federal debt limit.
Indices closed out in red territory Monday. Merck and Home Depot led decliners on the Dow. Crude oil shed 81 cents to settle at $94.89 a barrel.
Brands took a breather Friday. Merck, Hewlett-Packard and Walt Disney led decliners on the Dow. Stocks slipped amid a variety of economic news.