The findings of the Univision-AP Poll relating to Higher Education show that Hispanics, despite acknowledging the value of a college degree, most often do not achieve the goal. According to the survey:

- Hispanics value higher education more than Americans as a whole with 87 percent of respondents stating a college education is extremely or very important, compared to 78 percent of the overall population in the nation. Read more…

Immigrants, Latinos, and Asians account for large and growing shares of the U.S. economy and electorate. Overall, immigrants made up more than 12% of the U.S. population (or nearly 38 million people) in 2008, and more than 43% of them are naturalized U.S. citizens meaning they are eligible to vote. “New Americans”—immigrants and the children of immigrants—accounted for more than 8.6% (or 11.7 million people) of all registered U.S. voters in 2006. In 2008, Latinos and Asians accounted for nearly 20% of all Americans (or more than 60 million people) and wielded $1.5 trillion in consumer purchasing power. The businesses they own had sales and receipts of $549 billion and employed 3.7 million people at last count. Read more…

Demo Accounts for One in Six U.S. Residents, Nearly Half Are at Ease in English

NEW YORK (AdAge.com) — If you’re looking to reach upholders of traditional American values, your best bet might be the Hispanic market.

The market is growing: The 2010 Census expected to count a record 50 million Hispanics, or one in every six U.S. residents, meaning the Hispanic population will have increased a stunning 42% from the previous census in 2000. (By comparison, the non-Hispanic population will have edged up just 5% in that decade.) It’s also got scale: Hispanics are now the nation’s second-largest consumer market after white non-Hispanics, who are still the largest group at about 200 million. Read more…

The Internal Revenue Service issues a list of the top 12 tax scams each year – known as the Dirty Dozen. The scams are illegal and can lead to problems for taxpayers including significant penalties, interest and possible criminal prosecution. These scams don’t just happen during the tax filing season, they can happen anytime during the year. Here are five scams from the 2010 Dirty Dozen list every taxpayer should be aware of this summer. Read more…

WASHINGTON — The Internal Revenue Service today released proposed regulations that would establish a fee for individuals who apply for a preparer tax identification number (PTIN). Proposed regulations that were issued in March would require certain tax return preparers to obtain a PTIN. The IRS is working to finalize those proposed regulations, which are the first of a series of steps planned to increase oversight of federal tax return preparation. Read more…

On Wednesday, August 11, Ebony Magazine and the University of Chicago Urban Education Institute will co-host an Education Roundtable at the University of Chicago’s International House, one aspect of the University of Chicago’s commitment to the welfare of the community and to diversity in business relationships.

A panel of the nation’s most distinguished voices on education will discuss the public education crisis and how best practices from all sources — public, charter, and private schools, as well as the emerging educational technology sector — can be used to transform our nation’s K-12 schools. The goal of the Education Roundtable is to reengage the community on different aspects of education and to identify at-hand tools that teachers and parents alike can use to better prepare our children for the future in a challenging knowledge economy. Read more…

Summer is a busy time for everyone, but particularly for military members and their families. Whether it’s moving to a new base or traveling to a duty station, members of the military have many obligations that could impact their tax situation. Here are 10 IRS tax tips military members should keep in mind this summer to help with filing a tax return next year. Read more…

Despite worries, better future seen
MIAMI — Hispanics are eager to blend into American society while still maintaining their cultural identity, a paradox that reflects the complex beliefs of the nation’s fastest-growing minority. And most don’t expect the United States to elect a Latino president in the next 20 years.

Those are some of the findings from an Associated Press-Univision poll of more than 1,500 Latinos. In addition, the survey suggests Hispanics worry more than most Americans about losing jobs and paying bills. They place a high importance on education and expect their children to go to college. Read more…

La acusación formal reciente a una mujer del área de Boston que se aprovechaba de contribuyentes hispanos prometiéndoles obtener reembolsos rápidos, y quien posteriormente presentó declaraciones de impuestos falsas a nombre de estos para inflar sus reembolsos sin avisarles que las reclamaciones eran falsas o infladas, sirve como ejemplo para recordar a todos los contribuyentes que utilizan un servicio de preparación de impuestos que deben asegurarse de que el preparador de sus declaraciones de impuestos sea certificado. Read more…

1. This credit – still available for 2010 – equals 6.2 percent of a taxpayer’s earned income. The maximum credit for a married couple filing a joint return is $800 and $400 for other taxpayers. Read more…