If you thought your money woes ended last year when you settled that credit card debt, think again. Avoiding 1099-C tax problems What you should know: Have you negotiated with a creditor to pay less than you owe on a credit card debt? The IRS considers forgiven or canceled debt as taxable income. What to [...]

The Holidays are almost here, and with the season comes the annual need to purchase food and presents for friends and family. For many, the holidays become a time to rely on credit cards to make purchases, but its not necessary to use plastic to fund winter activities. Other options exist, including layaway, yard sale [...]