The three major credit bureaus in the nation are changing how they handle medical debt. This development will remove nearly 70% of medical debt from Americans’ credit reports, impacting millions of Americans who may soon experience having better credit ratings. Credit reporting agencies stated that the COVID-19 epidemic was why
Are you a self-employed individual who occasionally employs your vehicle for business? If that’s the case, car expenses such as auto insurance, maintenance, and yes, gasoline, maybe a significant source of tax savings for you. If you use your car for business, you may deduct the gas used as long
If you’re wondering whether you can file your state taxes before your federal taxes, the answer is generally no. State tax returns are usually due after federal tax returns, so it’s best to wait to file your state taxes until you’ve already filed your federal taxes. However, there may be
If you receive an insurance payment, you may also have tax issues. Although the IRS generally does not consider compensation on claims to be income, under certain circumstances you may be required to disclose them. It is dependent on the percentage of your real losses that the insurance payout represents
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