Black Friday is upon us, and — in keeping with tradition — so are the attendant brawls, melees, assaults, thefts and general mayhem.
Nevertheless, Black Friday appears a bit more sedate this year overall. Reuters reports:
Bargain hunters found relatively little competition compared with previous years. Some had already shopped Thursday evening, reflecting a new normal of U.S. holiday shopping, where stores open up with deals on Thanksgiving itself, rather than waiting until Black Friday.
Retailers "have taken the sense of urgency out for consumers by spreading their promotions throughout the year and what we are seeing is a result of that," said Jeff Simpson, director of the retail practice at Deloitte. Traffic in stores was light on Friday, while Thursday missed his expectations…[more]
It's tax season again, and all across the country, taxpayers and tax accountants are feeling the effects of filing a return or an extension so they don't end up on the wrong side of the IRS, get audited or, worse, get put in prison. It's never easy, but this year is even more painful than ever.
The U.S. tax code has become so complicated that taxpayers have a hard time figuring out how to even comply with the whole thing. This has a terrible cost in terms of time, money and mental anguish. According to my colleagues Jason Fichtner and Jacob Feldman, "tax code complexity costs Americans anywhere…