8 Creative Ways to Fund Your Holiday Spending Ahead of Time
The holiday shopping season is just around the corner, and that can mean only one thing. After the tinsel has been taken down and the trees have all been put away, the true horror of the holiday season will quickly become evident. If you are not careful, the new year could be filled...
Tips for Building Savings on Low Income
Saving can be difficult for anyone, and it can even feel impossible for those living on a low income. It's not impossible, though. You'll thank yourself later for saving, whether you're trying to build a small monetary safety net or if you're saving for the long term. While saving...
How to Get Out of Debt in the Shortest Time
Debt is a big problem. While from the point of view of the financial services, banks, and speculators, the debt and credit systems work well for the economy, debt can be a disaster at an individual level. If you're in deep water with debt and feeling out of control, this advice...
Hurricane Fiona Victims in Puerto Rico Qualify for Tax Relief
WASHINGTON — Hurricane Fiona victims in all 78 Puerto Rican municipalities now have until Feb. 15, 2023, to file various federal individual and business tax returns and make tax payments, the Internal Revenue Service announced today. The IRS is offering relief to any area designated...
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IRS Free File Available Through Oct. 17 but, Taxpayers Shouldn’t Wait
Taxpayers who have not yet filed their 2021 tax return, should electronically file a complete and accurate return when they are ready, rather than wait until the last minute. For those who want to prepare their tax return themselves, IRS Free File remains available through the...
Got a Letter or Notice From the IRS? Here Are the Next Steps
When the IRS needs to ask a question about a taxpayer's tax return, notify them about a change to their account, or request a payment, the agency often mails a letter or notice to the taxpayer. Getting mail from the IRS is not a cause for panic but, it should not be ignored either....
People Who Haven’t Filed a 2021 Tax Return Should E-file to Avoid Mistakes
Summer is winding down and the filing deadline for people who requested an extension is quickly approaching. Everyone who still needs to file a 2021 tax return should do so as soon as possible. Don't wait until the deadline to electronically file a complete — and accurate — return...