Households are carrying record levels of debt. Balances climbed to $18.04 trillion in the fourth quarter of 2024, according to the Federal Reserve Bank of New York’s Center for Microeconomic Data.

Tax season is just around the corner and many people are already planning how to spend their refund. Much of this planned spending will be for current expenses and overdue bills. According to ...

When taxpayers receive their refunds, addressing debt, socking away money in an emergency fund and contributing to retirement ...

We trust our tax preparers to handle our sensitive information while getting us the largest return, but putting your faith in ...

With tax season right around the corner, it is necessary to know our income and expenses and how they affect our tax return.

According to the Internal Revenue Service, once Presidents Day is over taxpayers get serious about filing their tax returns. The IRS said it has plenty of ...

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You spent the year paying down your student loans, contributing to your savings, and having your employer withhold a portion of your paycheck for taxes. Now it’s time to file a tax return and ...

While it's common for people to carry debt, if you aren't keeping up payments on it, you can be subject to wage garnishment, ...

1098-E: This form tracks tax-deductible student loan interest payments over $600 and allows you ... even if a dependent has ...

Some tax preparation services offer tax advance or tax refund loans if you file a return with them, which let you borrow against your refund and get your money immediately. While this may seem ...