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- Does beneficiary ever pay tax on life insurance? (Bankrate.com)
Dear Tax Talk, I sold a piece of property on the installment sale method and the buyer has been making payments for years. In the sales agreement, the buyer was required to have insurance that would pay off the loan if she died. www.bankrate.com
- 3 Kansans in House vote against bailout (Lawrence Journal-World)
Lawrence’s House representatives were split on the issue again. U.S. Rep. Nancy Boyda, D-Topeka, whose district includes west Lawrence, voted against the bailout proposal that failed Monday and against the one that was approved Friday by the full House. U.S. Rep. Dennis Moore, D-Lenexa, whose district includes east Lawrence, voted for both proposals. www2.ljworld.com
- Reliant Energy to shut or sell commercial business - Houston Chronicle
Reliant Energy has stopped signing up or renewing contracts with large commercial customers and will shut down that part of its retail electric business or sell it outright, the company said Friday. Previously Reliant said it would cut back the size ... www.chron.com
- Banks offer payday loans to customers (The Cincinnati Enquirer)
More traditional banks have begun offering customers advances on their direct deposits for a fee, a practice payday lenders equate with loans they give. news.cincinnati.com
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