AICPA Introduces New Web Site: 360 Degrees of Taxes

Interested in understanding the effects a life-changing event, like marriage or college, can have on your taxes?

The American Institute of Certified Public Accountants launched an new Web site: 360 Degrees of Taxes.

No matter how many times you’ve filed taxes before, there’s almost always something that leaves you scratching your head. To help alleviate […]

New Rules for Mortgage Transfers

The Federal Reserve prepared rules that will be go into effect on January 1, 2011* that help mortgage borrowers by notifying them when their loans get transferred to another company.

Before the new rules, if your loan was sold or transferred from your current lender to a new lender, the new lender did not have […]

Partner with Go Direct

Go Direct has helped more than 4 million Americans switch to direct deposit for their Social Security and other federal benefits – let’s keep the momentum going!

Go Direct provides your organization with everything you’ll need to encourage senior citizens, people with disabilities and others to sign up for direct deposit – including free materials […]

Financial Capability in California – Part II

At a Glance: Financial Capability in California

Financial capability of adults in California can be measured by focusing on four key components:

Making Ends Meet. 21% of individuals reported that over the past year, their household spent more than their income. Planning Ahead. 58% of individuals lack a “rainy day” fund to cover expenses for […]

State-by-State Financial Capability Survey – FINRA Foundation

The FINRA Investor Education Foundation (FINRA Foundation) launched an interactive Web resource to display the results of America’s first State-by-State Financial Capability Survey, which was also released today. The new Web site,, displays a clickable map of the United States and allows the public, policymakers and researchers to delve into and compare the […]

7 Money Resolutions

We liked this a lot! Seven — only seven — money resolutions that can “improve your mind, spirit and bank account”.

The following list is an excerpt from New Year’s Resolutions: 7 for Your Money, by Farnoosh Torabi

1. Be More Charitable

Studies show charitable giving fell in 2010. Whether donating to charity […]

Holiday and Year-End Donations – Information from the IRS

The IRS provides information on charitable contributions to help you determine if a donation is deductible. Rules for Charitable Contributions

Charitable contributions are deductible only if you itemize deductions on Form 1040, Schedule A.

To be deductible, charitable contributions must be made to qualified organizations. See Publication 526, Charitable Contributions.

If your contribution entitles you […]

New National Strategy to Promote Financial Literacy and Education

The Financial Literacy and Education Commission (FLEC) announced a new national strategy to promote financial literacy and education for 2011.

The strategy sets strategic direction for policy, education, practice, research, and coordination in the financial literacy and education field in the U.S. and identifies four goals to focus this work: 1. Increase awareness of and […]

Protecting Consumer Privacy – Report from FTC

Protecting Consumer Privacy in an Era of Rapid Change: A Proposed Framework for Businesses and Policymakers

The Federal Trade Commission issued a preliminary staff report on Dec. 1, 2010 proposing a framework to balance the privacy interests of consumers with innovation that relies on consumer information to develop beneficial new products and services.

The report […]

President Obama’s Advisory Council on Financial Capability Meeting

Valerie Jarrett posted the following on the White House Council on Women and Girls blog on November 30, 2010, following her participation in President Obama’s Advisory Council on Financial Capability Meeting.

Today I had the pleasure of representing the White House and the President at the meeting of the President’s Advisory Council on Financial Capability […]