Mortgage rates fell dramatically on the ongoing coronavirus scare, giving homeowners more room to refinance their mortgages.
Author: Susan Tompor, Detroit Free Press
How scammers could use coronavirus scare to steal your money
Consumers are warned that they could soon be inundated with fake products, phony stock deals, fabricated emails, and more that are designed to steal.
4 reasons your tax refund won’t reach your bank account
You know you owe somebody money. But you might be shocked that your tax refund is smaller, thanks to delinquent student loans or other bills.
Tax scams try new tricks to steal refunds
The Internal Revenue Service reported on Feb. 14 that nearly two dozen tax practitioner firms have reported ID and data thefts so far this year.
People who don’t file tax returns may get a knock on the door from IRS
The Internal Revenue Service is stepping up efforts to visit high-income taxpayers who failed to file their tax returns.
You might have to prove your identity to get Michigan tax refund
Tax filers can expect to answer quizzes or prove their identity as the IRS and state governments try to crack down on ID theft-related tax fraud.
How banks are motivating customers to save up for big purchases
New savings tools like Ally Bank’s Buckets give savers motivation and a way to put cash away for goals, such as buying an engagement ring.
Millions of Americans are missing out on Earned Income Tax Credit
The Internal Revenue Service estimates that nationwide only four out of five eligible workers claim and get their EITC or 20% miss out.
Free File tax program goes unused by millions of Americans: Here’s how to know if you qualify
A new audit blames ‘complexity, confusion and lack of taxpayer awareness’ for poor participation in free file tax program.
Nervous about the size of your tax refund? You’re not alone
Big tax refunds give many consumers a way to feel flush when they don’t typically have a lot of slack in their budgets.