A recent class-action lawsuit has led to a settlement of approximately $7.5 billion for student loan borrowers who claim the Department of Education, under the Trump administration, had intentionally not followed regulations implemented by the Obama administration, which led to many people having their debt relief claims denied.
by Matin VarshochiEvery year, between January 1 and April 15, one must file tax returns with the federal government. To aid them with determining the amount of taxes owed for each applicant, the federal government uses income tax brackets to determine the effective tax rate.
by Matin VarshochiOften, they go to TurboTax, which offers free tax filing services for its customers. However, Intuit, the owner of TurboTax, has been ordered to pay $141 million to its customers who used their services to file their income tax returns from 2016 to 2018.
by Sheena AllenA secured credit card requires the cardholder to make a security deposit, whereas an unsecured credit card doesn't. Both can be a great tool for building a positive credit history and improving your credit score; each has its advantages and disadvantages.
by Pam HillUnlike tax evasion, there are a few legal ways to reduce your taxable income to keep as much of your hard-earned money as possible. Some of these tips may be a little late for the 2021 tax season, but they will be useful for the upcoming 2022 tax season.
by Lyle SolomonThe Internal Revenue Service (IRS) has begun giving out tax refunds, with 22 million already receiving their money, with the average recipient receiving $3,536. Here are some ways to help expedite the process of receiving a tax refund.
by Viviana VazquezTraveling with a family can be stressful, but it can also break the budget super easily. That's why it is important to be as budget-friendly as possible. So here are seven tips for a budget-friendly family vacation.
by Shaun MorganWith the current tax season underway, now is the time to receive a refund from the Internal Revenue Service (IRS) for tax returns made regarding the prior year's income. Last year, the average tax refund amounted to $2,800 for individuals and families.
by Matin VarshochiAt the start of the COVID-19 pandemic, many were trapped inside their homes with nowhere to go. In addition, due to the lockdowns imposed by the government, many were unable to go into their place of work.
by Sheena AllenThe Internal Revenue Service (IRS) announced that it would begin this year’s tax filing season on Monday, January 24, 2022.
by Nailah HerbertUtility companies have created a budget billing program that helps budget your monthly utility bills. This budget billing program is a 12-month program that is an average amount that your utility company charges you based upon your energy usage.
by Sha'Kreshia Terrell