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California Public Employee Retirement System Pension Funds - Could they go Broke as Study Suggest?

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[Best Syndication News] The California Public Employees' Retirement System (CalPERS) disagreed with the way that the recently released study titled “Going For Broke: Reforming California’s Public Employee Pension Systems” issued by Stanford’s Institute for Economic Policy Research come to the conclusion that the public employees pension funds are in dire trouble.

CalPERS said that the average annual investment on return over the last 20 years have been 7.91 percent. This includes the last two years of declining return on investments. The government agency made a list of reasons why they think that the Stanford study was flawed and doesn't have an accurate prediction of the public retirement fund. They list their rebuttle to the report at: http://www.calpers.ca.gov/index.jsp?bc=/about/press/pr-2010/april/responds-stanford-policy-brief.xml

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IRS says to watch out for Tax Scams when preparing your Taxes

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[Best Syndication News] The Internal Revenue Service (IRS) is reminding taxpayers to watch out for twelve different tax scams when preparing and filing your tax returns this year. The IRS calls these tax scams the “dirty dozen.” The IRS says that it is too good to be true, well it probably is and you should exercise caution when this seems to be the case. Tax schemes are illegal they warn and can lead to prison time and fines to both the scammer as well as the person filing the taxes.

Watch out and Avoid these Dirty Dozen Tax Scams:

1. Return Preparer Fraud – The tax person preparing the documents to file will save the taxpayer money, but in turn the tax preparer will charge an extra high fee for the service. If the numbers are not legitimate you are responsible for the information to be correct. Tax preparers might promise getting you a huge refund but often take more for their fee too. Ask for their preparer tax identification number (PTIN) and shop around for what their fees are before hiring them and ask for references from others that have used their services.

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Homeowner’s Insurance – How Much Coverage is Too Much

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FOR IMMEDIATE RELEASE:

Protecting your Home with Homeowner’s Insurance Protects your Bank Account

September 13, 2009 — One of the most important things involving your home is the purchasing of homeowner’s insurance. If you were to have a fire or a natural disaster, most of us would not be able to recoup our losses without the help that homeowner’s insurance can provide to us.

You need to make sure that you are covered with homeowner’s insurance but you do not want to have too much either, and this is a common mistake that many homeowner’s make. Many think they must have coverage for the amount that they bought the home for. If you paid $250,000 for your home, you have to take into consideration the land that your house sits upon. To rebuild your home, you do not need to re-pay for your property.

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Norway wins Eurovision 2009 Song Contest – Alexander Rybak's Fairytale Song

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[Best Syndication News] Alexander Rybak made Norway take center stage for Eurovision 2009 Song contest for the his song Fairytale. The Eurovision song contest has been ongoing for 54 years now. This is the third time that Norway has won the Eurovision song contest.

Rybak had a huge lead with a record 387 points compared with Iceland getting only 218 points, and Azerbaijan getting 207 points.

Rybak is a 23 year old that grew up outside of Oslo, Norway. He sang and played the violin at the final and was an early favorite. Rybak composes his own music and said that his song 'Fairytale' is based on a traditional Norwegian fairytale that has a modern interpretation to it.

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