Most people deal with the IRS once a year when they file their tax returns. However, if you are like many taxpayers here in New York, you continue to deal with the IRS because the agency claims you owe more money than you believe you do. The IRS launches an...
You're thinking about filing for bankruptcy, something you've never done before. At this point, you're just trying to gather information and learn as much as you can about the process. Below are a few common myths that you need to be aware of. 1. The whole world will...
Hiding assets to avoid paying taxes can come with a hefty price. A former University of Rochester professor learned that. He already paid fines totaling more than $100 million for failing to disclose income that he was keeping in Swiss bank accounts. Now he's been...
Americans, on average, are living longer than ever before. Unfortunately, many of them haven't saved enough money to last for those extra years. According to AARP, bankruptcy filings have increased significantly for seniors 65 and older. Those between 75 and 84 have...
