Personal Finance

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Smart ways to help reduce your taxes

Here are a bunch of helpful methods to assist you in reducing your taxable income. These are great tips to use throughout the year when opportunities arise. When planning large purchases or gifts, get into the habit of thinking about how your taxes may be impacted as well.

• 7:36 p.m. Friday, March 2, 2012

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The richest people in the U.S.

• 10:08 a.m. Wednesday, Jan. 25, 2012

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Credit card blues may not slow recovery

Holiday shopping wrapped up last month - now it's time to pay those holiday credit card bills.

• 5:19 p.m. Friday, Jan. 13, 2012

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Disabled man fighting BofA over erroneous statements

Robert Galanida, paralyzed from the shoulders down, has been going back-and-forth with Bank of America over his mortgage for more than two years.

• 2:35 p.m. Thursday, Jan. 12, 2012

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Groupon puts on a new face

Groupon launches "Clicky the Clickable Value Wheel." It's a Facebook game that allows users to "spin" for various Groupon deals.

• 2:28 p.m. Wednesday, Jan. 11, 2012

Simple savings calculator

Simple Savings Calculator   Determine how much savings from a deposit. //

• 6:11 p.m. Wednesday, Aug. 31, 2011

Video: The best way to file your taxes

  While they were doing their taxes one family allowed CBS News to document them trying three different tax-filing methods including using an accountant or doing it online.

• 2:48 p.m. Wednesday, Aug. 31, 2011

401(k) concerns return - again

Worried what the political wrangling over federal debt might do to the stock market, Raymond Byrne decided last month to shift around his retirement savings. What had been in stock funds, he transferred to debt securities. Last week, after President Barack Obama signed the last-minute debt deal, Byrne considered moving ...

• 2:31 p.m. Wednesday, Aug. 31, 2011

Ten facts about the child tax credit

Here is a great piece of information from the IRS. IRS Tax Tip 2010-29 The Child Tax Credit is an important tax credit that may be worth as much as $1,000 per qualifying child depending upon your income. Here are 10 important facts from the IRS about this credit and ...

• 2:29 p.m. Wednesday, Aug. 31, 2011

Don’t let Irene drench your tax docs, keep them safe!

With Irene wreaking her havoc this past week on the East Coast, we felt it most appropriate to remind everyone about keeping your financial records safe. Natural disaster can strike at any time. As a result, we need to remind ourselves it is important to backup records in case a ...

• 2:27 p.m. Wednesday, Aug. 31, 2011