Postage price increase on the way...again

I don't know about you, but for some reason, every time postage goes up, I feel like it "just" went up! I know it only happens about once a year or something like that, but it seems like it just happened.

Starting May 12, postage is being increased again. My sarcastic self thinks this must be as a thank you for the awesome, magnificent service we get from the United States Postal Service. You know... that envelope I got today that was black and looked like it had been run over by a car about six times? Yeah... thanks for that one.

So here are the new rates: 42 cents to mail a first class letter, 27 cents for a post card, and certified mail is $2.70. Assorted other prices are going up as well. And you can now plan on an increase every May, as a new law called The Postal Accountability and Enhancement Act says the post office has to adjust prices each year.

Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.