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IRS
Social Security at 70: Theoretical benefits vs practical challenges
Despite their best efforts, many people find it difficult to save enough money for retirement on Social Security.
At full retirement age (FRA), you are now entitled to your full monthly Social Security benefit based on your earnings…
Tax refunds: Who is eligible for the IRS $900 payment and how to claim it?
The IRS announced that nearly 1.5 million Americans have unclaimed tax refunds for the 2019 tax year. Here are the recipients and the deadline for claiming it.
Looking for some excess change by rummaging through the sofa? You may be able…
How to claim the $7,500 IRS tax credit for purchasing an EV?
As an incentive to encourage the use of more energy-efficient automobiles and reduce dependency on fossil fuels, the IRS provides a tax credit for purchasing an electric vehicle. Electric vehicles have no emissions, which aids in the…
IRS: Your solution for tax relief and money problems
You may have contemplated hiring a debt relief or tax resolution company if you owe the IRS money due to unpaid taxes.
These organizations assist taxpayers with tax debt-related issues. While the industry as a whole has a negative…
Repaying your Student Loans? servicers warn of extended wait times and recommend early attention
Borrowers of student loans should be ready to put their payments on hold when they start in a few months, maybe for a very long time.
The Department of Education recently changed the terms of its agreements with loan servicers, which…
Stimulus Update: The Internal Revenue Service recommends that residents file amended tax returns
According to the Internal Revenue Service, early filers who received stimulus checks the prior year should consider updating their tax taxes right away. The IRS finds that affects a small number of the millions of residents in 21 states who…
Maximizing your finances: How to save money on student loan and taxes
Millions of Americans must file taxes by April 18. 40 million student loan borrowers find repayment, forgiveness, and taxes more confusing than ever.
However, there are strategies available to many individuals that can reduce their…
Stimulus Check Update: What you need to know about the latest funding proposals
During the COVID-19 pandemic, federal Stimulus checks dramatically reduced childhood poverty and helped families survive economically difficult times.
Representative Ilhan Omar is a member of The Squad, a powerful group of progressive…