Nobody wants to be audited by the IRS, but many taxpayers make simple mistakes that can lead to one. Many Americans will file their income tax return early before the April 15 deadline to receive their tax refund. Some IRS audits are randomly selected and based solely on a statistical formula, the…Read More >
Intuit CEO Brad Smith is sorry.
This is not one of the dollar bills from the story below, but it is pretty cool. (Eric Gjerde)
Can you pay all debts, public and private with whatever legal tender you’d like, one man alleged caused such a nuisance while trying to pay a $600 property tax bill with intricately folded singles, his efforts landed him in jail.Read More >
When student-loan servicing company Educational Credit Management Corporation revealed it would purchase 56 campuses belonging to embattled for-profit college chain Corinthian Colleges, regulators and consumer advocates began working to ensure that students affected by CCI’s collapse would be protected under the deal. Today, the Consumer Financial Protection Bureau and the U.S. Department of Education announced some students would receive the help they deserve in the way of $480 million in debt relief.Read More >
BP reported a $4.4 billion loss in the fourth quarter on plunging oil prices.(AFP PHOTO / BEN STANSALL/FILESBEN STANSALL/AFP/Getty Images)(Photo: BEN STANSALL, AFP/Getty Images)Oil giant BP said Tuesday it’s slashing exploration costs after posting a $4.4 billion loss in the fourth quarter on plunging oil prices.The loss compares to a $1 billion profit in the fourth quarter of 2013.For all of 2014, the company earned $3.8 billion, down from $23.5 billion in 2013.Afte…Read More >
Chinese luxury sedan consumers are the first to see Mercedes-Maybach in their showrooms, arriving in the form of the S600 and S400.Read More >
President Barack Obama unveiled his annual budget Monday, which includes a proposition to tax corporate foreign earnings to fund the nation’s roads.Read More >