After Uproar, Social Security Chief Halts Seizures of Tax Refunds to Pay for Old ‘Errors’
The U.S. government is halting a relatively new debt collection practice after media reports revealed that the Social Security Administration was seizing tax refunds.Those IRS refunds belonged to the...
U.S. Treasury Seizing Refund Checks of Americans to Collect Old Debts Owed by Their Parents
This still-developing news regarding a relatively new collection tactic by the U.S. Treasury is causing outcries on Capitol Hill and via lawsuits across the country.It seems the U.S. Treasury has...
Only 34% of Middle-Class Americans Contribute to 401(K), Other Retirement Savings
Saving for retirement remains a struggle for most middle-class Americans, with 34 percent not contributing to any retirement account, whether a 401(k), an IRA or other savings vehicle, according to a...
Patient ‘Out-of-Pocket’ Costs Soar as Available Credit Declines, TransUnion Says
“Out-of-pocket” medical costs are surging, while available credit for these consumers is declining, according to the latest TransUnion Healthcare Report.Healthcare costs that have to be paid by...
The Internal Revenue Service has not altered its website statement in four days on the glitch that is keeping its Where’s My Refund online tool from letting e-filers check the status of their...
Short Sales And Taxes: Will Lawmakers Revive ‘Mortgage Debt Relief Act’?
Since 2007, the federal Mortgage Debt Relief Act has helped distressed homeowners who have had mortgage debt forgiven after a foreclosure, short sale, or loan modification.The law made it possible...
