The average American’s credit card balance is more than $5,000 as credit card debt is at a record high. Here are the best ways to pay off that debt.
Author: Elisabeth Buchwald, USA TODAY
‘Things just kept getting more expensive and worse’: Credit card debt is surging but fewer Americans can pay it off
During the pandemic, many Americans improved their credit scores and paid off debts. But they’re piling it on at a record level with high inflation.
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If you receive an audit letter from the IRS don’t ignore it. Respond in a timely manner to avoid paying fees.
What triggers an IRS audit? Here are red flags that increase the chance of being audited
What triggers an IRS tax audit? Make sure to correctly report your income from a W-2 or similar tax form. If you don’t it may trigger an audit.
US consumer confidence declined in February, reflecting fears of a recession
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Walmart earnings call foreshadows challenges ahead for retailer
Walmart’s fourth quarter was better than analysts expected, by some measures. But inflation continues to weigh on consumers which is hurting the retailer.
Is the stock market open today for Presidents’ Day?
Is the Dow open on Presidents’ Day? The stock market and bond market will be closed on Monday. But markets reopen at their usual times on Tuesday.
You should have received an important tax document this week
Your 1099 tax form is crucial to filing your taxes. This week, Robinhood and other brokerage firms released the tax documents you’ll need.
US credit card debt hit a record high as inflation leaves consumers financially stressed
New York Fed report founds credit card debt is growing after a rapid decline during the pandemic. Credit scores could start to decline.
How do you calculate taxes on gig work? If you took on a side hustle, here’s how to file
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