Hands typing on laptop to review checking account taxes with clipboard

Article Summary You do have to pay taxes on the interest you earn from your checking account. This is because the IRS requires you to report all income earned, including any interest earned from your checking account. However, there are ways to lower the taxes you pay on earned interest. Checking accounts are a great […]

Young man using a smartphone to get a personal loan

Article Summary: Discover the benefits of obtaining a personal loan over other sources of credit. Personal loans have a range of uses and benefits that can make them better than credit cards or other forms of credit. Unfortunately, people often use the wrong kind of credit account and pay more than they should when they […]

Can you buy a car with a credit card?

Article Summary: If you plan to buy a car, you might wonder if you can buy it with a debit card. After all, paying with cash has the advantage of avoiding the interest you would accrue when financing. Paying in cash can also be a good option if you have bad credit. But if you […]

benefits of a checking account

Article Summary It is OK to have multiple bank accounts, checking accounts included. This article will tell you why having multiple accounts isn’t just OK but could be a good idea. It will also tell you the disadvantages of multiple accounts. If you have questions about having multiple accounts, you’ve come to the right place. […]

IRS tax preparer penalties

 Article Summary: A penalty abatement letter outlines to the Internal Revenue Service (IRS) why you missed the due date for your tax filing or payment and provides you a chance to request penalty relief. By proving you have a reasonable cause for your late filing—such as a medical emergency—with supporting documents, like a doctor’s note […]

Can you use a debit card to book a hotel

Article Summary: Most hotels will let you reserve a room with either a credit card or a debit card. If you decide to book your room with a debit card, you should keep a few things in mind. One of the most important of these is the hold the hotel will put on your card. […]

SuperMoney 2021 Summer Scholarship

We are excited to announce the winner of SuperMoney’s Summer 2021 Financial Literacy Scholarship! Financial wellness for everyday Americans. That is SuperMoney’s ultimate goal. SuperMoney’s Financial Literacy Scholarship seeks to celebrate students who share our same mission. Our scholarship program awards $1,000 twice a year to a student who wants to help Americans improve their […]