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  • Magazine

I’m No Fortuneteller

One of the odd things about being a financial specialist is that I have a lot more conviction in my long-term expectations than in my short-term ones. People have a hard time understanding this, because it runs counter to the way life works. Where will you be tomorrow at noon? You probably have a good idea. How about on June 6, 2013? You probably have no idea whatsoever.

  • Money

The Cutting Edge: Don’t Get Taken By Your Tax Preparer

We’re in the heat of tax season and if you haven’t filed yet, a bigger issue may be where or with whom to file. After all, with Timothy Geithner, Tom Daschle, and a slew of presidential nominees having had botched tax returns, the average Joe might want to be a little more cautious about the tax process. Though only about 1% of tax returns are actually audited, it’s important to file your taxes accurately, otherwise you could be overpaying or underpaying -- both a lose-lose situation for you. In a study done by the Government Accountability Office (GAO), in services done by H&R Block and a few other big chains, unwarranted extra refunds of up to almost $2,000 were found in several instances.In some cases, the preparers cost the taxpayer more than $1,500. From do-it-yourself to finding a professional, here are some tips to make sure filing your taxes goes smoothly this season.

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