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Wednesday, March 28, 2012

Personal Finance Daily: What to do if you can't pay your taxes

MarketWatch
Personal Finance Daily
MARCH 28, 2012

Wednesday's Personal Finance Stories

By MarketWatch



Don't miss these top stories:

If you can't pay your tax bill on time, you have some options — but they aren't free. Andrea Coombes writes today in our TaxWatch column about the options available, and the costs, for people who are unemployed, underemployed, or struggling small business owners; and about the penalties, fees and offers in compromise.

Robert Powell talks to several financial advisers who think corporate profit margins are frighteningly high and say investors should be forewarned: What goes up...

Anne Stanley , Managing Editor, Personal Finance

You're invited: MarketWatch ETF event

If you're in the San Francisco Bay Area and you're interested in exchange-traded funds, we'd like to invited you to a free live event in April. Join us for an evening of cocktails and conversation about the risks and opportunities of trading ETFs. Our guest panelists will be Tom Lydon, president of Global Trends Investments and editor of ETFtrends.com; John Nyaradi, publisher of Wall Street Sector Selector; and Jim Wiandt, publisher and chief executive of IndexUniverse.com, Exchange-Traded Funds Report and Journal of Indexes. The event will be on the evening of Tuesday, April 17, in downtown San Francisco. To get more details and RSVP, send an email to MarketWatchevent@wsj.com by Tuesday, April 10.


Can't pay your tax bill? You have options

If tumbleweeds are blowing through your bank account and you're not sure how you're going to pay your tax bill, take a deep breath. Most taxpayers have a number of options to slake the IRS's wrath.
Read more: Can't pay your tax bill? You have options.


Why investors should fear corporate profit margins

Corporate profit margins, despite the weakest economic recovery in postwar history, are at freakish record highs. That should scare investors.
Read more: Why investors should fear corporate profit margins.


INVESTING

SportsWatch: New owners for L.A. Dodgers

A group of investors including former NBA star "Magic" Johnson is buying the baseball club for a record $2 billion, bringing to an end the Frank McCourt era.
Read more: New owners for L.A. Dodgers


Stocks only slightly expensive

U.S. equities are at most only moderately expensive — despite having risen nearly 30% just since last October and more than doubled over the last three years. That is the surprising judgment of one of academia's leading experts on stocks' valuation.
Read more: Stocks only slightly expensive.


ECONOMY & POLITICS

Durable-goods orders up 2.2% in February

Orders for durable goods recover following January's sharp drop although February's 2.2% increase lags economists' forecasts.
Read more: Durable-goods orders up 2.2% in February.


Rajoy's budget seeks to buy time for Spain

As Spanish Prime Minister Mariano Rajoy unveils his 2012 budget later this week, observers say he'll likely buy some time in financial markets, but still faces what could be the most difficult year for the country's embattled economy yet.
Read more: Rajoy's budget seeks to buy time for Spain.


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