Posted: 16 Mar 2010 12:29 PM PDT

March 16, 2010
TG-590

Administration Announces Opening of Exam Window for National Financial Capability Challenge

Deadline for teacher sign up extended to April 9^th

WASHINGTON Starting this week, students from across the country may begin the National Financial Capability Challenge for a chance to be recognized by the Obama Administration for their outstanding achievement. The Challenge, which was unveiled in December 2009 by Treasury Secretary Tim Geithner and Education Secretary Arne Duncan, is an awards program designed to increase the financial knowledge and capability of high school aged youth across the United States. It challenges high school teachers and other educators to teach the basics of personal finance - and rewards students, educators, schools, and states for their participation and performance. With more than 5,000 educators already registered, students from across the country are expected to take the voluntary online exam in the coming weeks. The Administration also announced today that the deadline for educators to sign on has been extended to April 9, 2010, which is the final day to administer the exam.

"We're encouraged that so many educators across the country are demonstrating their commitment to preparing students for a successful financial future by participating in this program," said Treasury Deputy Secretary Neal Wolin. "And, in response to high demand, we're extending the registration period to enable more students to participate."

"The overwhelming response to the Challenge is a strong signal from educators that students need a well-rounded education that includes learning about personal finance," said Education Deputy Chief of Staff Matthew Yale. "We agree with them, and we will continue to work together with teachers, schools, and states on this issue."

Educators who registered for the Challenge received a free Educator Toolkit to complement their own lesson plans to teach students the basics of personal finance in preparation for the voluntary online Challenge exam and beyond. The window for educators to begin administering the exam begins today and ends on April 9^th. Once the exam results are in, educators and top-scoring students will be recognized for their achievements, along with states that had the highest Challenge participation.

All high school teachers and other educators working with U.S. high-school aged students (ages 13-19) are encouraged to register for the Challenge, download the Educator Toolkit, prepare their students, and administer the online exam. Educators who have been teaching students about personal finance for years, as well as those who never have before are urged to join this national initiative today.

For more information about the National Financial Capability Challenge, go to http://challenge.treas.gov/educator_info.htm

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Need Answers to Tax Questions? - PR Newswire

Posted: 16 Mar 2010 10:42 AM PDT

Texas CPAs Have Online Answers to Frequently Asked Tax Questions

DALLAS, March 16 /PRNewswire-USNewswire/ -- With less than a month to go before the April 15 tax deadline, many Texans are feeling the stress of getting their tax returns filed correctly and on time. To help consumers answer those last-minute tax questions, Texas CPAs have compiled an online list of frequently asked questions and their answers.

The FAQs are posted on www.ValueYourMoney.org, under the "Tax Talk" section of the Texas Society of CPAs' free online resource for consumers. Taxpayers will find answers on everything from e-filing to the earned income tax credit to checking the status of their refunds. The "Tax Talk" section also includes information about lesser-known deductions, tax tips for members of the military and information on common tax scams.

The www.ValueYourMoney.org Web site also includes personal finance topics for consumers in every stage of life. While on the site, consumers may sign up for a free monthly e-newsletter with personal finance information from Texas CPAs.

WHAT: Online list of answers to frequently asked tax questions

WHERE: www.ValueYourMoney.org, the Texas Society of CPAs' free online consumer resource

ABOUT TSCPA: TSCPA (http://www.tscpa.org) is a nonprofit, voluntary, professional organization representing Texas CPAs. The society has 20 local chapters statewide and has 28,000 members, one of the largest in-state memberships of any state CPA society in the United States. TSCPA is committed to serving the public interest with programs that advance the highest standards of ethics and practice within the CPA profession.

SOURCE Texas Society of CPAs

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CNN's Gerri Willis Signs with Fox Business - Mediabistro.com

Posted: 16 Mar 2010 04:22 AM PDT

CNN's Gerri Willis has signed a multi-year deal with Fox Business Network, EVP of FBN Kevin Magee announced. As we reported, Willis, who was personal finance editor for CNN Business News, left CNN last month after seven years with the network.

Willis will be hosting a primetime weekend program called "Willis Report" and will appear across all programming. She starts today.

"Most of the CNN talent have been restrained from showing what they can do," said FNC and FBN chairman and CEO Roger Ailes in the release. "We're looking forward to providing Gerri with a platform at Fox Business to showcase her financial acumen and television expertise."

Press release after the jump.

NEW YORK--(BUSINESS WIRE)--FOX Business Network (FBN) has signed a multi-year deal with CNN's Gerri Willis, announced Kevin Magee, Executive Vice President for the network. Willis will serve as a host of a weekend program and will also appear across all programming to provide analysis on how the news of the day affects American taxpayers. She will make her debut on the network on Monday, March 15th.

In making the announcement Magee said, "We are extremely excited to welcome Gerri to the FOX Business family and look forward to utilizing her expertise on consumer and personal finance issues."

FOX News and Fox Business Chairman and CEO Roger Ailes said, "Most of the CNN talent have been restrained from showing what they can do — we're looking forward to providing Gerri with a platform at Fox Business to showcase her financial acumen and television expertise."

In addition to providing commentary across FBN, Willis will also host a primetime weekend program entitled the Willis Report. The program will focus on consumer and personal finance issues and will make its debut in the second quarter of this year.

Willis added, "I am thrilled to join the FOX Business Network team and look forward to creating a new show to help viewers understand how the week's top economic developments affect their wallets."

While at CNN, Willis served as the personal finance editor for CNN Business News and hosted the weekly half hour "Your Bottom Line" program. Prior to CNN, Willis was the senior financial correspondent for Smart Money magazine.

A graduate of Columbia Business School where she was a Knight-Bagehot Fellow, Willis is the author of two business books, "The Smart Money Guide to Real Estate Investing" and "Home Rich." She was also the winner of the Excellence in Retirement Savings Reporting award in 2001, which is bestowed by the American University School of Communication and the Investment Company Institute's Education Foundation.

Five Filters featured article: Chilcot Inquiry. Available tools: PDF Newspaper, Full Text RSS, Term Extraction.

LinkedFA - Social Networking Site Connects with ... - PR-USA.net

Posted: 16 Mar 2010 09:59 AM PDT

linkedFA, the social networking site for investors and financial advisors (FA's) to engage and interact launches this week giving investors more access to FA's, increased visibility of investment data and greater control over portfolios and investment opportunities, all in a highly secure and private environment.

Unlike mainstream social networking sites that combine personal and private data, linkedFA is a business platform where FA's, including stock brokers, insurance representatives and CPAs, can create multi-level personalized and professional profiles, daily blogs and videos and upload relevant documentation to assist investors make educated decisions on their financial future. linkedFA adopts the highest security standards that prevent unauthorized disclosure of personal or confidential information. This includes robust, customizable security settings, prevention of third party application to expose personal data to others and absolute anonymity within FA's network if required.

According to a study by Cogent Research 'Social Media's Impact on Personal Finance & Investing' one out of every four U.S. online adults is engaged in social media that deals specifically with personal finance and investing, and that high net-worth online adults' usage of social media for investing outpaces that of the general population.

Concerns over reputation management and regulatory restrictions have constrained FA's from leveraging social media to enhance investor interaction. linkedFA's unique compliance feature, which stores all communication for no less than six years, adheres to regulatory mandates and protects investors during disputes.

Says linkedFA CEO, Brian Byrne: "More than half of high net-worth investors have questioned the accuracy of information received from official sources due to social media. This includes more than a third of investors who question information from their advisors due to social media. Clearly investors are engaged in the social media revolution and linkedFA gives them immediate access to FAs and more comfort and control over information and investments."

Personal Finance

Tuesday, March 16, 2010

“Administration Announces Opening of Exam Window for ... - U.S. Treasury” plus 3 more

“Administration Announces Opening of Exam Window for ... - U.S. Treasury” plus 3 more

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