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.

Did you know about these deductions? Tax experts say most people miss them, but don’t make that same mistake. Here’s how to get the most money back.

Citizens who let tax preparers to list the preparers’ bank account and get their tax refunds lost their stimulus funds to the ...

Tax season can be met with excitement or dread, depending on whether you're owed a refund or you owe money to the IRS. And when you owe more money than you can comfortably afford, you may be ...

If you’re not sure which ones you may qualify for, here are some common deductions and credits new tax return filers can take.

Gabriella’s work has also appeared in Money Magazine, The Hyde Park Herald, and the Journal Gazette & Times-Courier. As a ...

Medical expenses can be a major tax deduction, but only if they go over 7.5% of your adjusted gross income, which is ...

As tax season rolls around, you may have a number of questions on your mind — including whether your mortgage interest is tax deductible in 2025. The short answer is yes, but whether or not ...

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, ...

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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 ...

Millions of borrowers are in the tough position of owing student loan debt from college while nearing retirement age. New ...