Nowadays, thanks to technology, we can make electronic payments using credit or debit cards. Plenty of people use these methods daily because they are an easy way to obtain products and services. However, the Federal Reserve System estimates that over 15 billion checks were issued last year, proving that they
Section 8 is one of the social programs of the Department of Housing and Urban Development (HUD). It was created in 1965, and its primary mission is to guarantee decent housing to American citizens who are not capable of doing it by themselves because of their low income and other
A prepaid Visa card functions in a similar way to debit cards, but it allows you to use it for more online purchases, since it has become very popular within e-commerces. Although their user fees tend to be more expensive, prepaid cards are lifesavers for those who cannot have bank
Hail, winds, storms, or weathering are factors that can affect and even destroy the roofs of our houses; in most cases, its repair means a very significant expense compared to the income of the average citizen. According to Home Advisor, a homeowner spends an average of $ 770 to get
Every savings bond is issued by the Department of Treasure, for that reason, they are considered one of the safest investments because the credit of the U.S. government backs them; this service also helps them with borrowing needs. This department is the only one authorized to sell saving bonds, and
The United States Postal Service (USPS) is a federal agency that provides an efficient, trustful, and direct delivery service to people and businesses all around the country. If you live in the US, perhaps you have used this service at least one time, but if you have not, in this
The American Opportunity Tax Credit (AOTC) replaced the ‘Hope Credit’ in 2009. It is for expenses related to post-secondary education for the first four years. American Opportunity Tax Credit can be claimed as a tax return. Either by the student or by the person the student is dependent upon. It
When an individual obtains any sort of personal or financial information of another person and uses it to commit fraud, it is termed identity theft. One of the basic questions at this time is ‘what phone number can I call regarding identity theft issues for my tax return?’. These frauds
Sent by the US government to its taxpayers, stimulus checks help to vitalize the economy and provide the consumer to spend money on products. This revitalizes consumption and brings more revenue to dealers and businesses. This, in turn, boosts the economy. In case of a crisis, these checks intend to
If you pay an excessive amount of taxes to the government, they send back the extra amount as a ‘Tax Refund.’ When it happens, taxpayers see it as a bonus from the federal or state government. Moreover, not many are aware of how long does it take the IRS to
