Latest Articles

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March 28, 2016 

Debit Cards Gaining on Cash for Small Purchases

There's a clear generational divide: 41% of people under age 50 prefer cash for small transactions and 40% like debit. Among those 50 and older, cash is the runaway winner (74%). Millennials are the most likely to use debit (46%) and credit cards (18%).

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March 28, 2016 

Millennials Saving More, But Admit To Frequent Impulse Spending

Over half (55 percent) of the young adults surveyed admitted that they were impulse shoppers, defined as making an unplanned purchase of $30 or more on a daily or weekly basis. Impulse buyers are more likely than those who never or rarely make an ...

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March 25, 2016 

Congress Approves Taxpayer Bill of Rights

With considerably less fanfare than the Bill of Rights ratified as the first amendments to the U.S. Constitution, the 114th Congress quietly approved the “Taxpayer Bill of Rights” as part of the Protecting Americans from Tax Hikes (PATH) Act of 2015.

 U.S. Mortgage Rates Drop Slightly; 30-Year At 3.9%

March 24, 2016 

U.S. Mortgage Rates Drop Slightly; 30-Year At 3.9%

Mortgage rates declined modestly this week breaking a three-week string of increases, with the benchmark 30-year fixed mortgage rate slipping to 3.90 percent, according to Bankrate.com's weekly national survey. The 30-year fixed mortgage has an average of

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March 24, 2016 

Exotic Dancer Found Guilty of “Tax Seduction”

This wasn’t just a case of dollar bills being tucked into a G-string. A jury determined that the dancer failed to report close to $1 million -- $850,000, to be exact -- in taxable income from performing private dances and sexual favors during the ...

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March 23, 2016 

RSM Launches Mid-Market Economic Business Index

The national accounting firm RSM US LLP (RSM) has released the first RSM Middle Market Business Index (MMBI). Developed in partnership with Moody’s Analytics, the index is designed to reflect business conditions in the U.S. middle market, while providing a statistically significant measure of the health and outlook for these businesses. RSM provides audit, tax...…

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March 23, 2016 

Most NYC Small Businesses Expect Growth in 2016

A majority of New York City small business owners anticipate a successful 2016, according to the third annual Small Business Pulse Check, a regionally focused survey conducted by TD Bank.

 The Top 10 Identity Theft Cases

March 22, 2016 

The Top 10 Identity Theft Cases

As part of the continued crackdown on refund fraud and identity theft, the Internal Revenue Service today released the Top 10 Identity Theft Prosecutions for Fiscal Year 2015. These prosecutions are part of the wide-ranging strategy to combat refund fraud