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Wednesday, April 11, 2012

Reuters Money: What if you can't pay your taxes?

Reuters » Money 2012
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04/11/2012
Reuters Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the politics in between
What if you can't pay your taxes?
NEW YORK (Reuters) - It's one of the worst tax time scenarios: You discover while doing your taxes — or you just know without even doing them —that you owe taxes, and you don't have the cash. What should you do?
Funding options wane as debt crisis intensifies
LONDON (Reuters) - The latest escalation of the euro zone debt crisis, with Spain now taking centre stage, is closing funding markets for banks again on concerns over exposure to the large amount of sovereign debt now being hoarded by some institutions.
The Cleggite solution to rising UK utility prices: Kemp
LONDON (Reuters) - Deputy Prime Minister Nick Clegg promised on Wednesday energy suppliers will have to inform customers at least once a year of the cheapest power and gas tariffs available in a bid to stimulate competition and push down prices.
Getting defensive before earnings season
NEW YORK (Reuters) - The market rally that few expected in the first place may finally be slowing down.
Insurers rethink coverage after weather disaster payouts
PITTSBURGH (Reuters) - As weather disasters strike with more frequency, homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance companies re-evaluate their financial liabilities.
How to get the most from Social Security
CHICAGO (Reuters) - The trustees of Social Security will release their annual report on the program's health sometime in the next few weeks, and the news will not be good.
Switzerland's line in the sand
(Reuters) - Things are getting sticky for the Swiss and their franc.
Manulife upbeat on "steady Eddies", wary on REITs
TORONTO (Reuters) - Investors seeking dividend and income-paying stocks will find more bargains in the United States than Canada, where sectors such as real estate investment trusts have become pricey, a team of leading Canadian fund managers said on Tuesday.
MF Global execs can access insurance money: judge
(Reuters) - Former MF Global Holdings Ltd Chief Executive Jon Corzine and other company officials won court permission to tap as much as $30 million of insurance money to defend lawsuits over the futures brokerage's collapse.
Bernanke says banks need bigger capital buffer
STONE MOUNTAIN, Georgia (Reuters) - Federal Reserve Chairman Ben Bernanke said on Monday banks need to have more capital at hand in order to ensure the financial system is stable.
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