Personal Finance Daily: Tax relief that's too good to be true?

Personal Finance Daily APRIL 03, 2012 Tuesday's Personal Finance Stories By MarketWatch Don't miss these top stories: Tax-debt relief firms pay the price Your April tax to-do list 10 secrets to being a millionaire and enjoying it You've probably seen the TV ads for companies that promise they can settle your IRS tax debt for pennies on the dollar. Andrea Coombes writes in her Ways and Means column today about how several of these big firms are out of business. Why? Because some of them were charging clients but not actually helping them reduce their tax debt. There are legitimate firms that can help taxpayers, but if it sounds too good to be true, it probably is. And speaking of taxes, Eva Rosenberg has your April tax to-do list, with some suggestions and ideas to save time and trouble as you prepare your records ahead of the filing deadline. — Anne Stanley , Managing Editor, Personal Finance Tax-debt relief firms pay the price Who doesn't want to pay "pennies on the dollar" to settle their tax debt? That appealing prospect has long been touted in late-night television ads and on billboards, with the smiling images of self-professed tax experts hawking their tax-resolution services. But in the past year, three large tax-resolution closed their doors. That may be good news for taxpayers. Read more: Tax-debt relief firms pay the price. Your April tax to-do list The deadline for filing your tax return is approaching. Here are four essential things to do now to save yourself time, headaches and money. Read more: Your April tax to-do list. 10 secrets to being a millionaire and enjoying it You can still become a millionaire. Here's the secret: It's all in your head, your attitude, your state of mind. If you want to retire a millionaire, you can. Read more: 10 secrets to being a millionaire and enjoying it. INVESTING March brings big spike in U.S. auto sales March ranks as one of the best months for the three major U.S. car makers in years, as rising gas prices drove sales of gas-sipping models and increased credit availability helped feed pent-up demand. Read more: March brings big spike in U.S. auto sales. 5 money moves a reformed broker is making now Blogger and money manager Joshua Brown, a.k.a. 'The Reformed Broker,' says he's 'miserably long' on U.S. stocks. Read more: 5 money moves a reformed broker is making now. ECONOMY & POLITICS Canada's plan to drop penny is smart, popular The elimination of the maple-leaf-festooned Canadian penny this summer is probably the biggest surprise in the new Conservative government Harper budget. Read more: Canada's plan to drop penny is smart, popular. Draghi, ECB to maintain wait-and-see stance Mario Draghi is unlikely to cut Europe's political leaders any slack when European Central Bank policy makers meet on Wednesday. Read more: Draghi, ECB to maintain wait-and-see stance. Get the latest news on our mobile site: http://www.marketwatch.com/m MarketWatch has sent you this newsletter because you signed up to receive it. To ensure you receive this newsletter in the future, please add marketwatchmail.com to your list of approved senders. Sent to: kumaresan.selva.blogger@gmail.com Unsubscribe | Subscribe Copyright 2012 MarketWatch, Inc. All rights reserved. MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc. By using this site, you agree to the Terms of Service and Privacy Policy (updated 6/26/07). MarketWatch - Attn: Customer Service, 201 California St., San Francisco, CA 94111