Wow! The iDonatedIt App will allow people to keep track of non-cash donations to charities like clothes and furniture. You can track this donations, and they can be used as a taxable deduction. This is so cool for especially since I can use this at clothing swaps. iDonatedIt App retails for $2.99 at the iTunes [...]

The problem with Obama’s plan for small business is that the definition is wrong. Most businesses are small businesses according to the Small Business Administration. The term “microbusiness” has yet to catch on, but the truth is that there are a lot of self employed sole proprietors who need help keeping their businesses afloat. From  [...]

For a few years, Kate Bingaman-Burt has been drawing pictures of everything she buys. Last year, Alex Ressi launched Tweet What You Spend and now there’s Bundle. Bundle lets you share news of what you bought with other people online. It keeps being compared to Mint which is an erroneous comparison. It is kinda like [...]

My friend mentioned it last week, and today I read a good post from Outright detailing how your donations to the Haiti relief effort can be tax deductible for your 2009 return. Federal law requires that you keep a record of any donations you make. To be deductible, contributions must be made to qualified charities. [...]

EconStories presents a rap explaining two theories of economics, Keynes’ and Hayek’s. Enjoy!

Outright.com makes filing 1099s easy.  This is great since the deadline to file 1099s and send to independent contractors is January 31, 2010.  1099-MISC reports quite a few things to the IRS, namely, “payments for services performed for a trade or business by people not treated as its employees,” so they are aware of a [...]

Last fall, I heard about BrightScope at Finovate. Today I got a press about their Personal 401k Fee Report. This is great so you can evaluate the fees related to management of your 401(k). “BrightScope offers the Personal 401k Fee Report as the first and only way participants can easily determine what they are paying [...]

The Wall Street Journal has a good video where Dow Jones Newswires reporter Shelly Banjo explains what donors should look for when picking a relief organization that is assisting the Haitian relief effort. Give to a registered charity. Check Charity Navigator or Guidestar to make sure it is a licensed charity. Find out where the [...]

Bryan Link, CEO of SimpliFi suggests what people can do now to simplify their finances this year. What is Simplifi? Simplifi is a personal finance advice website.   Develop a financial plan that maps out your financial goals!  If you put together a written financial plan, you increase your chances of achieving your goals by [...]

Brokelyn interviews the founder of LearnVest Alexa Von Tobel.  I am a fan of LearnVest which is a personal finance site for women. Alexa talks about how she raised a million dollars for her startup.  Congrats! BTW, I am also a fan of Brokelyn whose founder, Faye Penn, will be joining me on my SXSWi [...]

It amazing that a CPA who does taxes must be certified, educated and regulated but a tax preparer who has a storefront and a shingle does not.  Finally, the Internal Revenue Service “proposed sweeping changes in the way it regulates a host of people who prepare tax returns, outlining how it plans to require registration [...]