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Student Loans: What Resumption of Payments Means for Taxes, Social Security
In less than a week, millions of student loan borrowers who have not been keeping up with their payments will face forced collections, meaning their wages, Social Security and tax refunds could all suffer. The resumption of payments will impact more than 5 million borrowers who are currently in default, the Education Department said, adding […]
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Should You File if You Can’t Pay Your Taxes? (Yes—Here’s Why)
The April 15 tax filing deadline is one day away, and failing to file your tax return on time can lead to financial penalties. While many may consider putting off filing because they’re unable to pay the amount owed, this often makes the situation worse. A delay in filing your return doesn’t prevent penalties. It […]
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