How to deal with 2013 cap gains tax hike

By: Dave Carpenter
Posted on: December 03, 2012

The impending jump in capital gains taxes has prompted a flood of nervous calls to financial advisers in recent months.Less than a month remains until the maximum rate of 15 percent on long-term gains rises to 20 percent unless Congress extends the Bush-era tax cuts.On top of that, the healthcare reform package imposes a new 3.8 percent Medicare tax on the investment income of high-income... READ MORE

Some facts about the new LED light bulbs

By: Patricia Mertz Esswein
Posted on: November 26, 2012

They’re pricey, but they promise to shed a lot of light and cost you less over time.1. Incandescents are dead. As manufacturers phase out traditional light bulbs that don’t meet new federal standards for efficiency, the first to go are 100-watt bulbs in 2012. The phase-out continues with 75-watt bulbs in 2013 and 60-watt and 40-watt bulbs in 2014. You could substitute halogens... READ MORE

The best investments when rates are low

By: Mark Jewell
Posted on: November 19, 2012

Risk-averse investors, prepare to be disappointed a good while longer. Expect interest rates to remain low at least three more years, with investments earning very little unless you’re willing to accept plenty of risk.Money-market mutual funds are likely to continue paying barely above zero, with 10-year U.S. Treasurys yielding less than 2 percent.That’s the outlook after the... READ MORE

RivCo educates locals on tax savings

By: Connie George
Posted on: November 12, 2012

Riverside County’s Community Action Partnership (CAP) is seeking to educate and support local individuals and families through a program promoting special tax credits that could put more money back in taxpayers’ pockets, benefiting the local economy with greater consumer spending.CAP is accepting applications for volunteers to become IRS-trained and certified in order to support ... READ MORE

Protecting your portfolio from inflation

By: Jill Schlesinger
Posted on: November 01, 2012

The Federal Reserve announced in September that it would engage in its third round of “quantitative easing” by purchasing $40 billion per month of mortgage-backed securities to spur economic growth and help reduce unemployment.Whether or not the plan will work is subject to debate. What is not debatable is that the Fed’s action is stirring fears of inflation.Inflation... READ MORE

Taking the bite out of pet healthcare costs

By: Jessica Anderson
Posted on: October 22, 2012

As recently as 20 years ago, if a pet was seriously ill, treatment options were limited. Today, many of the options available to humans — transplants, cancer treatments and so on — are also available for pets.Rather than choose between your pet's well-being and your wallet, you may be considering pet health insurance. If you think buying a policy might be right for you, do... READ MORE