Providence, R.I., calls on Brown University to pay property tax

*+-Providence, R.I., needs money, and Ivy League Brown University seems like a natural target for property tax payments. However, Brown’s long-held status as a tax-exempt nonprofit has shielded the university, Providence’s largest land owner. Mayor Angel Taveras has singled out the university for “failure to sacrifice,” reports the Wall Street Journal. What Brown could do

More parents expect children will be financially dependent longer

*+-The age at which parents expect their kids to be completely financially independent has been going up. According to a new Pew research survey, more parents expect their kids to remain financially dependent past the age of 22. Parents are lowering expectations In both 1993 and this year, a selection of adults, including parents, were

Jeremy Lin translates into Madison Square Garden share price boom

*+-In much the same way that Denver Broncos quarterback Tim Tebow’s success brought renewed interest and increased business to his team and the NFL, New York Knicks point guard Jeremy Lin’s recent success has translated into wins and serious coinage for his team and the NBA. As Seeking Alpha reports, shares of Madison Square Garden

Obama budget calls for huge Postal Service cuts

*+-The United States Postal Service  it continues to post huge losses and is struggling to stay viable. The recently released proposed budget from the White House is suggesting huge cuts be made, including canceling Saturday deliveries among other cuts. Small town post offices preparing to close The United States Postal Service is enduring the worst

Adoption tax credits for 2011 returns

*+-Raising children is the largest financial commitment most of us will ever make. And for those who choose to take on that burden for the abandoned children of others — whether they be abandoned by choice or circumstance — the commitment is astonishing. The Obama administration and the IRS are acknowledging that commitment by extending

Discover your love and money score this Valentine’s Day, Pt. 2

*+-This concludes your Valentine’s Day money quiz. CLICK HERE for part one. Communication is key As with anything else in a lasting relationship, communication is vital. When you and yours last talked money, how did it go? Ideas were exchanged Silent moments were prominent Food was flung While food fighting may be a normal part

Discover your love and money score this Valentine’s Day, Pt. 1

*+-When it comes to love and money, couples should always have a plan. The whirlwind fervor of hot romance may burn, but if we aren’t careful, it can also burn through major cash. If you aren’t sure where your financial future as a couple stands, here’s a helpful Valentine’s Day money quiz, courtesy of Bankrate.

Billions of dollars in unclaimed funds still gathering dust

*+-Every year, billions of dollars of money that people are owed goes unclaimed, often in government benefits. A lot of free money is just sitting there, waiting for the rightful owners to claim it. $153 million in unclaimed tax refunds In November of 2011, according to ABC, The Internal Revenue Service announced 99,123 people had

Courts are kicking adverse possession practitioners out of homes

*+-In the summer of 2011, a Texas man rose to infamy with the adverse possession of a $330,000 mansion in Flower Mound, Texas. The courts, however, have decided that Kenneth Robinsoin’s adverse possession is not legal, and he has been evicted. The history of adverse possession Adverse possession is a common law concept that has
Valentine house

Love and homeownership

*+-For couples, Valentine’s Day can’t be beat. For single people, it’s maybe not the best day of the year. However, if you want to hedge your bet to not be alone next year, you should buy a house. According to a new study, people who own homes are a little more likely to attract a