Do you know that many parents make mistakes while filing their tax returns? As a parent, you can avoid mistakes by following these tips while filing your tax returns this year.
â€¢ Claim student loan interest on taxes
â€¢ Invest in tax-advantaged savings plans
â€¢ Claim head of household status if single
â€¢ File for adoption tax credit
â€¢ Mention the SSN accurately
Want to know elaborately? You can check it out here.
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.