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If you are donating a car to charity, pump the brakes and be sure to take these 8 steps

If you are donating a car to charity, pump the brakes and be sure to take these 8 steps

Finance
Thinking of donating your clunker to charity for a nice tax deduction? Proceed with caution.The gifting of used cars to "charities" has become a favorite way for Americans to dispose of unwanted vehicles. And why not? You can avoid the headache of selling or junking the car, help a charitable cause and lower your tax burden all at the same time.Unfortunately, the experience is rarely, in reality, such a win-win situation. Not only do charities typically see little of the proceeds from a used car sale, but donors can run afoul of the taxman if they're not careful."At the end of the day, donating a used car could be the least cost-effective way to give to a charity," said Stephanie Kalivas, an analyst with CharityWatch, an organization that monitors the charitable giving industry.The problem...
By cutting 401(k) contribution limit, Congressional Scrooges want you to work longer, take more risk

By cutting 401(k) contribution limit, Congressional Scrooges want you to work longer, take more risk

Finance
The holiday season is fast approaching. It is a time most people feel more generous to loved ones or to the less fortunate. Not so when it comes to Congress.If lawmakers have their way, taxpayers may have to work longer in their lives, work more hours or have to take more risk in the investment markets to live the retirement they envision now.This is what reducing the 401(k) plan contribution limit could mean. This is what Congress is calling "tax reform."There are 54 million American workers participating in about 550,000 401(k) plans, according to the Investment Company Institute. These plans hold more than $ 5 trillion in assets. This tax reform measure will most likely affect the wealth of most American households and certainly affect the way they save for retirement.A person can make ...
Harvey Weinstein to take leave of absence amid sexual harassment accusations

Harvey Weinstein to take leave of absence amid sexual harassment accusations

Entertainment
Oct. 5 (UPI) --Harvey Weinstein said Thursday he's taking a leave of absence from his production company after an investigative report laid out years of sexual harassment allegations against the film executive.The New York Times detailed multiple accusations, including one from actor Ashley Judd, who said Weinstein asked her to give him a massage or watch him shower in a Beverly Hills, Calif., hotel room."How do I get out of the room as fast as possible without alienating Harvey Weinstein?" she said she thought during the incident 20 years ago.Other former employees of Weinstein Co. and Weinstein's former company, Miramax, made similar allegations. The Times viewed documents indicating he settled with at least eight of his accusers.Weinstein, 65, issued a statement to the Los Angeles Times...
Google Pixel 2 phones take portrait-mode selfies

Google Pixel 2 phones take portrait-mode selfies

Technology
Media playback is unsupported on your deviceGoogle's second-generation Pixel mobile phones are able to take "portrait mode" photos via both their front and rear single-lens cameras.Other handsets have been able to auto-blur image backgrounds for some time, but they typically rely on using two-lens cameras on the phones' backs to create realistic effects.Google said its innovation meant it could make more space for the battery and introduce front-facing speakers.But it has dropped the headphone jack.Instead of using a dedicated 3.5mm port, users will either need to use wireless headphones - Google is selling a pair called the Pixel Buds - or the USB-C charging socket.At the launch of the original Pixel phones, the search firm had mocked Apple's abandonment of the traditional socket and made...
New York Yankees pound Chris Sale, take series from Boston Red Sox

New York Yankees pound Chris Sale, take series from Boston Red Sox

Sports
NEW YORK -- Facing one of the more powerful arms in the majors, the New York Yankees worked the pitch count up, brought some power of their own and made some progress in their pursuit of the American League East title.Chase Headley went deep of Sale in the third inning, Matt Holliday and Todd Frazier hit back-to-back homers in the fourth, and the Yankees chased the Boston Red Sox ace early and coasted to a 9-2 victory Sunday night. New York's Aaron Judge hit his first homer in more than two weeks in the sixth inning against Boston's Addison Reed. The Yankees won three of the four games in the series against the Red Sox, cutting their deficit to 3 1/2 games. New York finished the 19-game season series against Boston with 11 wins. Four of those New York victories occurred in starts made by S...