Picking the right money-handling strategy for your family – separate finances, a joint account or something in between? – can make a big difference on how well you function and how well you get along.
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Private Debt Collectors Can Seize $1,400 Coronavirus Relief Checks to Pay Creditors
WASHINGTON – A warning for Americans who will receive $1,400 stimulus checks under the third round of direct COVID-relief payments: If you have unpaid debts, creditors may come after your money.
IRS Announces Filing Season Open Date (It’s Later Than Expected)
The Internal Revenue Service (IRS) has announced that tax season will open on Friday, February 12, 2021. Yes, on a Friday.
The IRS will begin accepting paper and electronic tax returns that day. This is about two weeks later than had been expected. The delay allows the IRS time to do additional programming and testing of IRS systems following the December 27 tax law changes – especially those involving a second round of stimulus checks (Economic Impact Payments, or EIPs).
Resources for COVID-19
HOUSING, MORTGAGES & EVICTIONS
FOR HOMEOWNERS
The two Government Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac, and the U.S. Department of Housing and Urban Development (HUD) announced unprecedented steps to help borrowers impacted by COVID-19 remain in their homes.
4 Smart Reasons Why You Should Do Your Own Taxes
When you get your W-2 in the mail each year, it might fill you with a bit of dread. It’s time to call your accountant, wait in line some Tuesday night in March, and pay out a hefty chunk of your refund just to get someone to type your income and taxes paid into some computer software program. It all seems like a waste of time and money, with a thankless reward of handing over a check to the government at the end of it all.
Getting married? Understand the financial implications
Getting married? Understand the financial implications
Getting married changes your financial life in profound ways. It’s not just that you’re living together or sharing expenses (you don’t need marriage to do that…), it’s that your legal and tax status changes. And while your credit rating remains individual, your future choices could be changed by what your spouse brings into the financial picture.
What happens to your money and debt when you die?
Debt doesn’t just go away when someone dies.
Most debts get passed on to any surviving family members after someone passes away. If you do nothing to plan for this inevitability, the state in which you live will decide how your estate should be handled.
Freebies in July!
Rejoice in the nation’s freedoms by grabbing a few free treats this month.
July has arrived, and as you celebrate our nation’s freedom, also take a moment to rejoice in all the freebies available this month!
From complimentary cheesecake to free museum access for active military members (thank you for your service!), we are spotlighting some incredible offers you don’t want to miss.
Rebates
Some manufacturers and retailers entice shoppers with instant cash rebates that can be redeemed immediately at the checkout counter.
Is This the Key to a Lasting Marriage?
A researcher says a key aspect of a couple’s financial life helps determine whether they stay together.
Earning similar salaries may be the key to a lasting relationship.