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Overlooked Tax Breaks
  • Money
  • News
  • Magazine

Overlooked Tax Breaks

Though you have three years to file an amended return if you missed out on a money saving deduction, the best way to stay on top of changing tax codes is to look for a certified public accountant, enrolled agent or tax attorney who undergoes continuing education courses,” says Cindy Hockenberry, research coordinator for the Appleton, Wisc.-based National Association of Tax Professionals. If you choose to go it alone, here are some credits and deductions that are often overlooked.

  • Money
  • Women
  • Magazine

To Save and Protect

Tax planning and estate planning are important—especially for women. Since 80% of married women will outlive their husbands, combined with the possibility of a spouse’s layoff, divorce, or remaining single, chances are high that all women will at some point in their lives become the head of household and sole breadwinner. So it’s important that women develop tax strategies and estate plans that are beneficial to them and their families.

  • Magazine

Drafting a Financial Plan

Dion and Sherrunda Adkins both grew up in families that struggled financially. “In our family you work until you die,” says Dion. “People have little savings and at 65 they are still trying to make ends meet. We want to change those traditions.” Today, the parents of Deanna, 4, and Dion Jr., 2, are working hard to do just that.

A New Economic Agenda for Black America
  • News
  • Magazine

A New Economic Agenda for Black America

President Obama Recently hit the reset button on his presidency with a renewed emphasis on job creation and small business development. He said in his 69-minute State of the Union address: “We can’t afford another so-called economic ‘expansion’ like the one from the last decade—what some call the ‘lost decade’—where jobs grew more slowly than during any prior expansion.”

Washington Report: Updates from Capitol Hill
  • News
  • Global

Washington Report: Updates from Capitol Hill

National Black Farmers Association President John Boyd, Jr. fears that Capitol Hill lawmakers won’t meet the March 31 deadline to appropriate funds for the settlement agreement reached last month with the Agriculture and Justice departments.

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