Struggling with overwhelming debt can be stressful and even frightening. This stress can lead many people to pursue debt relief by filing bankruptcy.
Taxes are probably something you would rather not think about. As frustrating as it might be to file federal and New Jersey tax returns, it is essential.
Any taxpayer will know that tax returns can be complex documents. That’s why the IRS makes sure that every detail on your tax return is accurate.
The calendar hasn’t reached the holidays yet but that doesn’t mean it’s too early to think about your taxes. Chances are that you fall into one of two camps: you’re either excited to file your taxes because you’re expecting a refund or it’s just another annual chore.
If you feel like your debt has gotten out of control, you may be considering all your options to remedy the problem. Debt consolidation is an appealing option to many people because it allows them to take all their debts and combine them into one payment.
Credit card debt continues to grow in the United States, with balances reaching $900 billion by the end of 2018, according to the Consumer Financial Protection Bureau. The agency’s latest report says 28% of people with credit card debt have been turned over to debt collectors.
In the last decade, more and more Americans have struggled to pay for rising health care costs. In fact, health care has become one of the biggest expenses Americans face, with $2.4 trillion spent on medical care in 2017.
You may be one of many people struggling to keep up with their mortgages. Your mortgage can often be one of your largest monthly bills.
In the United States, debt citizens face continues to grow. According to the Federal Reserve, nearly 80% of Americans are in debt or have been in debt at some point in their lives.
Did you receive a tax return this year? If so, how did it compare to last year? You’re not alone if you saw a reduced tax refund this year. Millions of Americans felt the same disappointment as you did preparing your tax return this spring.