Image via CrunchBase Andrew Ross Sorkin had a good article this morning about how Facebook (FB) actually comes up with its big topline number that it now has 845 million "monthly active users." He points out that Facebook uses a deliberately broad definition to come up with that number.  There aren't 845 [...]

Is it April Fool's Day? Has somebody in Paris hacked the website at the Organization for Economic Cooperation and Development? Have we been transported to a parallel dimension where up is down and black is white? Please forgive all these questions. I'm trying to figure out why any organization - even [...]

Coca Cola (Photo credit: Marion Doss) Coca-Cola managed to beat fourth-quarter expectations despite plummeting profits, sending shares slightly up in pre-market trading. Weighed down by restructuring costs, Coke’s fourth-quarter net income dove 71% from a year ago to $1.7 billion or 72 cents per share. Excluding one-time items, Coke had 79 cents [...]

Treasury bonds provide safety to investors but, after a rally that started in late 2008, now lack return. Dividend stocks, on the other hand, can easily give you twice the gain with little additional risk in certain cases. With uncertainty over the direction of the European and U.S. economies, the stock [...]

Futures activity is pointing a drop of about 34 points on the open for the Dow Jones Industrial Average (DJIA) this morning, as Greece's debt woes continue to worry Wall Street. Investors will also be keeping tabs on Federal Reserve Chairman Ben Bernanke's testimony before the Senate Banking Committee [...]

Goldman Sachs (GS) isn't taking a position on the stock market. Last week, the Wall Street investment bank moved from a defensive position in equities to neutral with a late-cycle mix. The biggest concern remains Europe. While the LTRO (long-term refinancing operations) agreements and funding actions by the European Central Bank [...]

Image via dnjournal.com No one likes mounting legal bills. Tax deductions can help, but deductible how? See The Only Good Legal Fees Are Tax Deductible Legal Fees. One of the nettlesome tax issues relating to legal fees is the nature of the deduction taxpayers receive. An individual who can only deduct legal [...]

  Image via Wikipedia Even this Eagles girl had to admit that Super Bowl XLVI lived up to its hype… No wonder a record 166.7 million U.S. viewers tuned in to watch Eli Manning and his New York Giants stun defeat Tom Brady and his New England Patriots - and at halftime, [...]

Our next tax trivia question is: Congress passed the Bank Secrecy Act (sometimes referred to as BSA or the Currency and Foreign Transactions Reporting Act), which included cash reporting requirements and FBAR (Report of Foreign Bank and Financial Accounts) rules, in 1970 as the first laws to fight which crime in the [...]