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IRS
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…
Federal Disaster Areas in Alabama Receive Tax Filing Deadline Extension from IRS
The Alabama Department of Revenue will extend the tax filing deadline for storm victims in the federally declared disaster area for several months.
This is seen as a gesture of goodwill, an effort to give those affected by the January…
Social Security cuts: Calculating the additional savings needed to offset 20% reductions
Experts in the field of personal finance have been telling their clients for years to factor in life without Social Security.
Those who do not use a retirement planner or have been unable to save significantly for retirement may wish to…
A Guide to US States with no retirement income taxes
Find out how your retirement income is taxed and in which places you won't have to pay any taxes at all by reading this guide.
Withdrawals from a 401(k) or an individual retirement plan (IRA) are considered taxable income. Retirement…
Social Security survivor benefits: What happens to your social security benefits when you pass away?
If you work and pay into Social Security, some of your taxes go toward survivor benefits for your spouse, children, and parents, according to the Social Security Administration website.
Likewise, if you or a loved one has worked long…