Refinancing your student loans with a cosigner can help you lower your monthly payments and reduce the overall cost of your loan. But it’s not always a good idea.

From 2007 to 2016, the U.S. saw 7.7 million foreclosures. Today, the rate of mortgage defaults is in decline, but we have yet to reach pre-crisis levels. It is little wonder as to why the home foreclosure situation is this dire. Mortgages represent the largest segment of consumer debt in the United States, standing at $15.8 trillion as of the third quarter of 2019. More than 4.5 million Americans owe more on their house than what it is worth. For these individuals faced with a mortgage crisis, foreclosure is often the only way out.

of Americans have bad credit.

IRS information returns (aka 1099s) are forms that collect and report information about financial transactions outside salary and wages. They help the IRS keep track of events that are likely to be taxable so it can hold taxpayers accountable for underreporting.

Are you thinking about withdrawing money from your retirement plan early? An estimated 1.5% of 401(k)s and IRAs assets leak out each year through loans, cashouts, and early withdrawals—so, you’re not alone.

We’ve all heard the saying “snitches get stitches’ but how about, ‘snitches get riches’? The IRS Whistleblower Office accepts tips from individuals who notice tax problems in their workplace. If the IRS moves ahead and collects as a result of the information, they may pay the whistleblower an award of 15% to 30% of the total collection.

Unless it is a refund check, nobody likes to get a letter from the IRS. It can spark a feeling of panic. However, remain calm. There is always a path you can take to resolve any issue that arises and move on.

When you owe money to the IRS, you will begin to receive letters. While you should always read them and respond right away, IRS Letter 3174 is especially important. It is the last notice you will receive before your property is levied or seized.

Did you receive a Notice of Deficiency (CP531) from the IRS? If so, it means that the information the IRS received about you was different from what you reported on your return. Further, it proposes that you owe more tax. It’s important to respond to IRS Letter 531 promptly, especially if you disagree. Read on to learn more about how to do so.

IRS Letter CP3219A is sent when the IRS receives information about you that is different from what you reported on a tax return. The notice will inform you whether the proposed changes cause an increase or decrease in your tax liability. Be sure to open and read through this letter immediately upon receipt as your time to respond will be limited. Here’s a look at your options for responding.