 PERSONAL FINANCE DAILY - FEBRUARY 28, 2009 The week's top Personal Finance storiesBy MarketWatch
'Making work pay' credit could mean unexpected tax bill for some taxpayers For most taxpayers, the "make work pay" credit that will start showing up in paychecks in about a month will be easy money, some extra pocket change adding up to as much as $400 for single filers and $800 for married couples each year for two years. But for some, the new credit could result in an unexpected bill come filing time, because employers will be adjusting paycheck withholding amounts without knowing each worker's complete tax situation. See Tax Watch. The pros and cons of the first-time home buyer tax credit Did you hear the one about the tax pro who took the first-time home buyer credit on his client's 2008 return -- although the client hasn't bought the house yet? Believe it or not, the taxpayer has already received the refund. See Tax Watch. Rates are low, but expect to pay more fees for a mortgage today Mortgage rates are low, but getting them is going to cost you. See Real Estate. Four banks that rate a buy amid the financial carnage At a time when investors are fleeing the banking behemoths, sending many bank stocks to near-record lows, some analysts and fund managers still believe the sector offers good buying opportunities. But what's notable is that the names that are in favor right now are far removed from the main street brands that are filling the headlines. See full story. Three tips to make sure your home equity line of credit isn't cut My older brother called me last week and told me his home equity line of credit had been cut off. Just like that. He was looking to his sis for some advice. See Jennifer Openshaw. 13 'tipping points' to the brink of Depression Dateline Mumbai, India. Ready for your final question on the Slumdog Game Show? Yes? Good. The prize, twenty million. The question: Will America's recovery package of stimulus handouts, bank bailouts and home foreclosure relief plans work? You must pick one of three answers: See Paul B. Farrell. More firms say job cuts are over but cost-cutting measures continue In a sign that record-high levels of payroll cuts may ease in coming months, the number of employers that said they plan to lay off workers dropped steeply in a new survey of 245 large U.S. firms. See full story. An eight-step plan for solving the nation's retirement-savings crisis President Barack Obama wants to fix the sorry state of retirement in the U.S. It won't be easy. But thankfully, someone has a road map. See Robert Powell. Why General Motors matters The screeching debate in Washington over whether the government -- that is, the taxpayers -- should pony up another $20 billion or so in emergency loans to keep General Motors afloat will have consequences so broad and heavy that they will extend to the far corners of the nation. See Marshall Loeb. Meltdown in ski business brings a run of discounts The downturn is clearly gaining altitude. Sure, it was only a Thursday night but the restaurant -- one of this posh resort area's hottest that usually requires reservations weeks in advance -- was more than happy with much less notice. That, along with the short lift lines, idled ski-school instructors and plethora of brown-bag lunches on display are among the more visible signs that the winter sports business is suffering from the same squeeze as other high-end leisure activities. See Travel. See the week's Top 10 news and analysis stories. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: andi.fx8888.online@blogger.com Unsubscribe | Subscribe Copyright 2009 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111 |
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