The Latest Debt & Finance Blog
Uncertain economic times may become even more challenging in a matter of months, as millions of Americans could face 2013 riddled with significant tax increases. If changes are not made…
Despite the modest housing market gains in the past 12 months, many younger borrowers are still likely to be underwater in their home mortgages, real estate experts recently said. About…
American consumers are doing their best to pay their bills and stay out of debt by using coupons to shrink costs. It’s working — but much more could be saved, experts say.
Long accused of using aggressive and unethical tactics, debt-collection agencies have stepped up their games recently to collect owed monies during these hard economic times. In response, lawmakers nationwide have…
Homeowners confronting the challenges of foreclosure or the short sale of their homes may soon be facing yet another hardship — income tax on money they will never see. For…
In response to overwhelming household debt and tax liabilities, the Internal Revenue Service (IRS) recently announced it intends to aid struggling Americans by possibly reducing their tax debt. In May…
American consumers can’t seem to catch a break. It seems every time we look around, prices are going up. Bank fees are no different. MoneyRates.com recently found that banking costs…
As the American housing market continues to struggle, several banks are making an effort to lessen the financial burden on distressed homeowners. Citigroup is implementing a pilot program this month,…
While America’s demand for mortgages has gone up this summer, the banks still haven’t budged much on their tightened lending standards, CNN recently reported. The Federal Reserve recently announced that…
Economists are increasingly optimistic this month as more than 163,000 new jobs were added to the American market in July, the highest figure in the past five months. This number…
Sources:
- Ahern, N. (2012, April 11). Fate of Bush Tax Cuts Uncertain As Expiration Approaches. Retrieved from http://taxfoundation.org/article/fate-bush-tax-cuts-uncertain-expiration-approaches
- Cox, Jeff. (2012, August 15). If Bush Tax Cuts End, It Will Cost. A Lot. Retrieved from http://finance.yahoo.com/news/bush-tax-cuts-end-cost-181220449.html
- Bischoff, B. (2012, May 16). What End of Bush Tax Cuts Would Mean for You. Retrieved from:
- http://www.smartmoney.com/taxes/income/how-the-expiring-bush-tax-cuts-affect-you/