Tax payers are going to see a significant hit on their taxes in 2013. Not only are we paying for the new healthcare program, coined “ObamaCare”, the new minimum wage rates are another new tax. What tax payers do not realize is with the new minimum wage increasing, companies will increase their prices. Customers will pay more in total costs and other taxes will soon come down the line.

The federal minimum wage is $7.25 per hour. This rate is higher in some states based on cost of living expenses. Individuals searching for jobs can find a minimum-wage paying job and can take home at least $1160 a month before taxes. This is a… » Read more

Life insurance is necessary to provide for your family in the event of your death. While no one wants to consider their death, it is important that you consider what might happen to your family if you are not around to provide for them. Life insurance can be provided to you through your employer and you have other options that you can consider. It is important to know what you are looking for when buying life insurance.

Watch Out For Agents

You need to be careful about the real estate agents out there. Some of them are not providing their customers with valuable policies. In fact, they may approach you and ask you to cancel your existing… » Read more

If you are a collector of the penny, you may be out of luck soon. There have been numerous attempts to stop the production of the penny. Now, recently the U.S. Mint released a report showing that it costs 2.4 cents to produce the penny. Why are we continuing to produce something that costs more than it is worth? This is the question that President Obama would like to hear an answer to. He recently stated: “We have been trying to eliminate the penny for quite some time — it always comes back,” Obama said during a 2008 campaign appearance. “I need to find out who is lobbying to keep the penny.”

Canada chose… » Read more