IRS e-file: It’s safe. It’s easy. It’s time. Most taxpayers—nearly 80 percent-- file electronically. If you haven’t tried it, now is the time! The IRS has processed more than 1 billion individual tax returns safely and securely since the nationwide debut of electronic filing in 1990. In fact, last year, 112 million people – 78 percent of all individual taxpayers – used IRS e-file to electronically transmit their tax returns to the IRS. The number of people who use a paper tax return or who mail…See More

Do I Need to File a Tax Return This Year? You are required to file a federal income tax return if your income is above a certain level, which varies depending on your filing status, age and the type of income you receive. However, the Internal Revenue Service reminds taxpayers that some people should file even if they aren't required to because they may get a refund if they had taxes withheld or they may qualify for refundable credits.To find out if you need to file, check the Individuals…See More

“For borrowers receiving basic credit counseling, our analysis projects an average benefit per borrower of $3,894 (or 185 bps assuming an approximate current loan balance of $210,000), without regard to whether or not the counseled obtained a loan modification. For counseled borrowers who obtain a modification, the incremental benefit increases to $17,948 (855 bps). When borrowers receive “holistic” counseling ‐‐‐ counseling that not only addresses mortgage monthly payment but also credit card…See More