Last updateTue, 27 Sep 2016 5pm

IRS: Scammers change tactics

Aggressive and threatening phone calls by criminals impersonating IRS agents remain a threat to taxpayers, and now consumers are complaining about scammers calling under the guise of verifying tax-return information over the phone.

In the latest variation, scam artists call and claim that they have your tax return and need to verify a few details to process the return. They ask for personal information such as Social Security, bank account or credit card numbers.

Recent Coldwell Banker report: Luxury home sales decrease

Silicon Valley’s luxury housing market began 2016 with slightly lower home sales in January compared to a year ago, according to a report from Coldwell Banker Residential Brokerage.

Coldwell Banker’s monthly Silicon Valley Luxury Housing Market Report compiles and assesses data from Multiple Listing Service. Beginning this year, Coldwell Banker raised the threshold for luxury properties in its monthly analysis from $1.5 million to $2 million to reflect the changing dynamics of Silicon Valley’s high-end market.

Startup rents out high-end South Asian attire

Alicia Castro/Town Crier
Sumaira Nabeel showcases high-end South Asian attire, available to rent for special events at IndusThreads.com.

Friends of Sumaira Nabeel frequently voice wardrobe envy.

The fashionable Los Altos resident hails from Pakistan, and her collection of vibrantly colored, elaborately embroidered apparel highlights her cultural roots. Now she’s opening an expanded closet to the masses.

Don't believe everything you believe

Among all the various cognitive biases that cause human beings to think and act irrationally, one of the more insidious ones is known as “confirmation bias.” Simply put, it means we tend to favor information that supports previously existing beliefs and tend to reject anything that does not.

How much of a problem is confirmation bias when it comes to investing, and how can we recognize and avoid it?

Business Noteworthy

Coldwell Banker names new manager

Coldwell Banker Residential Brokerage recently named veteran realtor Greg Boudreau manager of its Los Altos office.

Boudreau was a top-producing agent before moving into the management ranks for several top Bay Area residential brokerages.

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