NEW YORK (Reuters) – Ernst & Young employees who opt for same-sex domestic partners’ medical benefits will get something of a delayed bonus this year when they file their 2011 federal and state tax returns.
While the company began offering same-sex domestic partner benefits in 2002, like most other employers, it taxed the amount spent as income, while other family policies come out of pre-tax income. But as of January 1 this year, the company will reimburse employees for those taxes for the 2011 tax year, and for tax years going forward.
Big news: Wikipedia goes dark, reportedly to make sure all content is actually accurate and vetted for “truthiness.” #FactsWithoutWikipedia
Is Wikipedia really blacking out Wednesday? If so, then the site will be somewhat accurate for the first time in its history. #SOPA
By Lou Carlozo
(Reuters) – The unbanked make up 7.7 percent of U.S. households, according to the Federal Deposit Insurance Corp., and they are sitting ducks for celebrity-pitched prepaid cards, costly check-cashing services and other costly options.
Households without checking accounts – typically made up of young people, those living paycheck-to-paycheck or consumers with poor credit histories – not only pay more of those fees, they lack many of the consumer protections that bank accounts carry. The newly-activated Consumer Financial Protection Bureau says it is going to take on some of those services, but it still would be better for most of those people to have actual bank accounts for safety and convenience.
Jan 3 (Reuters) – This new year might be the one in which
the housing market starts to strengthen, according to the 2012
predictions of several housing industry observers and
Jed Kolko, chief economist at Trulia.com, a real estate
search and research website, says he sees rising rents, a
humble recovery in housing prices and even some unexpected
“hot” spots where he thinks price increases will exceed the
average this year.
By Lou Carlozo
(Reuters) – As the times and technology advance, once-essential parts of our lives turn into pop cultural relics, from transistor radios to cell phones the girth of six-inch subs.
Now add the once ubiquitous paper U.S. savings bond, which will no longer be sold as of Sunday, January 1. That’s enough for some folks to make a pre-New Year’s Eve dash to the bank or credit union.
Dec 28 (Reuters) – As the times and technology advance,
once-essential parts of our lives turn into pop cultural
relics, from transistor radios to cell phones the girth of
Now add the once ubiquitous paper U.S. savings bond, which
will no longer be sold as of Sunday, January 1. That’s enough
for some folks to make a pre-New Year’s Eve dash to the bank or
By Lou Carlozo
(Reuters) – At an age when others might ready for pre-retirement, some folks pass age 50 determined to start a new life in the business world – and succeed beyond their rosiest business plan projections.
In a sequel to our October piece that looked at wealthy whiz kids (see link.reuters.com/dug75s), Reuters spoke with four entrepreneurs who have created successful businesses after 50. And take note: Three of the four leaders featured here are women, having shattered the twin glass ceilings of gender and age.