Republicans hope to make 2011 the year that they finally cut Social Security. Washington has been whipped into a frenzy over the deficit, and there are rumors the White House may try to cut a deal with Republicans by offering cuts to Social Security in the State of the Union.
The aim is to get 150,000 signatures saying that any cuts to Social Security have to be completely off the table. We’ll deliver the petition to the White House before Obama’s speech next week. Click here to sign the petition and to write the President a personal note. A compiled petition with your individual comment will be presented to President Barack Obama.
If you work from home, even on a part-time basis, you can probably save a few dollars come tax time. That’s because if you itemize your deductions on your federal tax return, you can write off as a business expense part of the cost of owning and operating your home. Everything from electric bills to property taxes may be fair game. Those tax deductions can add up, thus lowering your taxable income and reducing the amount you owe Uncle Sam. Before you start spending that refund, however, there are a few rules you need to understand and heed. It’s a good idea to consult a tax adviser to be sure that you’re filing the right schedules and maximizing your deductions. Read more.
An iffy economy and high unemployment rate make a flock of new vehicles priced below $20,000 well timed for their 2011 debuts. They are: The Smart Car, Honda Civic, Ford Focus, Flat 500, the Mazda2, Chevolet Sonic, and the Hyundia Elantra and Veoster. Click here to read more.
The list, from Beth Pinsker of Dealnews, features some mouthwatering tech wanna-haves, along with some can’t-live-withouts. From the iPhone to GPS units, laptops to game systems, this list provides price guidance for anyone contemplating such a purchase in 2011. A little patience, it appears, can pay off big-time. Wait long enough and you can get Amazon’s Kindle eReader (now $130) for as low as $99, according to DealNews. And BluRay players, the site says, will be “priced like crockpots” at a bargain basement $39 by the end of the year. Click here to check out 12 Things That Will Cost Less in 2011.