I grew up on The Waltons and alas, the prolonged economic downturn has forced thousands of young adults to move in with their parents until their job prospects improve. US Families are Living More Like The Waltons Again: Can you claim an adult child as a dependent on your tax return?

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Fannie Mae and Freddie Mac recently extended their foreclosure forbearance programs to give short-term aid to unemployed homeowners, but housing counselors warn that these borrowers will need to look at longer-term solutions.

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Existing-home sales continued on an uptrend in December, rising for three consecutive months and remaining above a year ago, according to the National Association of Realtors®.

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That’s right: 4 of America’s 10 Richest Zips of 2011 are in California: No.10: Santa Monica’s 90402, No. 9: Los Alto’s 94022, No. 6 Los Angeles’ 90077, No. 5 Portola Valley’s 94028, No. 4 Beverly Hills’s 90210. Not a big surprise since key developments in the early 20th century included the emergence of Los Angeles [...]

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Every Friday, we collect the best political cartoons of the week and stuff them into one big, glorious slideshow.

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With 2012, state laws kick in on everything from immigration to shark fins being allowed to be in soup. State legislatures passed close to 40,000 new laws in 2011, and a number of those measures take effect on Jan. 1. On some issues, like immigration, state laws are taking markedly different stands. But here’s what’s cooking in California.

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By law, the dollar amounts for a variety of tax provisions, affecting virtually every taxpayer, must be revised each year to keep pace with inflation. New dollar amounts affecting 2012 returns, filed by most taxpayers in early 2013, include the following…

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A brief history lesson on the current Italian property market. A discussion of the implications for anyone wishing to invest in Italy’s top end, luxury property market.

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