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Author: Susan Tompor, Detroit Free Press

Money

Wait, did your tax preparer just take a cut of your refund? Here’s how to stay safe

February 3, 2020February 3, 2020Susan Tompor, Detroit Free PressComments Off on Wait, did your tax preparer just take a cut of your refund? Here’s how to stay safe

Unscrupulous tax preparers may target senior centers, religious communities and others to build trust. But bad preparers are out to make a fast buck.

Money

Credit scores could take a hit under new, tougher standards: How to protect yours

February 1, 2020Susan Tompor, Detroit Free PressComments Off on Credit scores could take a hit under new, tougher standards: How to protect yours

Lenders want to better gauge the risks of loaning money. FICO will look at longer trends for how you’re managing credit, and it could affect scores.

Money

That letter from the IRS could be a fake. Watch out for this tax scam and others in 2020

January 23, 2020January 23, 2020Susan Tompor, Detroit Free PressComments Off on That letter from the IRS could be a fake. Watch out for this tax scam and others in 2020

Crooks want your Social Security number and other personal information to file fake returns so they can to steal tax refunds.

Money

New coaching program is designed to help you fix finances

January 20, 2020Susan Tompor, Detroit Free PressComments Off on New coaching program is designed to help you fix finances

GreenPath Financial Wellness — with the support of a $345,000 grant from JPMorgan Chase — develop a pilot program for one-on-one financial coaching.

Money

Want to file your 2019 tax return for free? New IRS changes make it easier

January 19, 2020Susan Tompor, Detroit Free PressComments Off on Want to file your 2019 tax return for free? New IRS changes make it easier

The Internal Revenue Service has added tweaks to offer consumer protections to the ‘Free File’ program for the tax season, which kicks off Jan. 27.

Money

Some retirees feeling less secure about tax rule changes in SECURE Act

January 17, 2020January 17, 2020Susan Tompor, Detroit Free PressComments Off on Some retirees feeling less secure about tax rule changes in SECURE Act

Two key rules regarding retirement savings are changing under the SECURE Act. Neither change should cause widespread panic, but you need to plan.

Money

The SECURE Act could help boost your retirement savings: 5 things to know

January 12, 2020Susan Tompor, Detroit Free PressComments Off on The SECURE Act could help boost your retirement savings: 5 things to know

New retirement rules can help young families, employees who consistently work part time and small business owners who want to start 401(k) plans.

Money

5 scenarios that will drain your wallet during the holidays

December 14, 2019Susan Tompor, Detroit Free PressComments Off on 5 scenarios that will drain your wallet during the holidays

All sorts of things can throw you for a loop when it comes to the last-minute crunch for gift buying, including shopping after drinking a beer or two.

Money

Peloton offers a good holiday shopping exercise for thinking before buying

December 5, 2019Susan Tompor, Detroit Free PressComments Off on Peloton offers a good holiday shopping exercise for thinking before buying

Peloton Interactive made big news when its stock dropped after its latest lush holiday ad exploded on social media. What were they thinking?

Money

5 year-end tax tips to get your money safely through the holiday season

December 5, 2019December 5, 2019Susan Tompor, Detroit Free PressComments Off on 5 year-end tax tips to get your money safely through the holiday season

Follow these year-end tax tips so
you don’t get caught short of cash during the holiday season or later at tax time.

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Headlines

‘Never seen anything like this’: Idalia deluge still wreaking havoc in Southeast. Live updates

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Far-right candidate seduces Argentine electorate

August 31, 2023AP

Hundreds join Nepal gay pride rally

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Gadget guru or digitally distracted? Which of these 5 tech personalities are you?

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These kids are good: Young Reds in pursuit of a pennant stretch to remember

August 31, 2023Bob Nightengale, USA TODAY

Dog repeatedly escapes Michigan shelter, sneaks into nursing home, is adopted by residents

August 31, 2023John Carlisle, Detroit Free Press

U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’

August 31, 2023Kim Hjelmgaard, USA TODAY

Kia recalls nearly 320,000 cars because the trunk may not open from the inside

August 31, 2023Francisco Guzman, USA TODAY

PCE inflation report: Key measure ticks higher in July. What will the Fed do?

August 31, 2023August 31, 2023Paul Davidson, USA TODAY
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