The average American isn’t very good with money. At least not according to the latest statistics from Bankrate.com. Their recent article stated that U.S. consumer debt stands at $14.96 trillion (yes, that trillion, with a “T”). The average American is $92,727 in debt. To be fair, much of this debt is wrapped up in home […]
This time of year, unfortunately, many taxpayers receive a “lien notice” in their mailboxes. But, what does a lien even mean? According to the IRS, a federal tax lien is the government’s legal claim against your property when you neglect or fail to pay tax debt. The lien protects the government’s interest in all your […]
While it might seem that celebrities come with special treatment or privileges, the IRS would not agree. Even some of the biggest stars have run into trouble when it comes to their taxes. Charlie Sheen The Two and a Half Men star ran into his tax trouble back in 2018. It was uncovered in court […]
Student loan debt will impact the lives of millions of Americans. Take a look at the numbers: The amount of student loan debt carried by the graduates of the class of 2017 averaged to $39,400 per student, and the total amount of debt carried by Americans was more than $1.48 trillion. Starting this year (2019), […]
You want a new car or perhaps to own your own home, but you’re knee deep in debt. It’s a common scenario that faces many Americans. Wanting to save and wanting to pay down your debt can seem like opposite side of a coin. But there’s hope in striking a balance. The team at Broussard […]
Most people need a credit card, it’s a fact of life when building credit and shopping online. However, the debt that comes with it should never get out of control. If managed properly, a credit card can enhance your credit score and even save money in the long run. The experts at Broussard Poché, LLP […]
Student loan debt can feel pretty heavy month to month. Payments may take a large chunk of your income and the payoff date probably feels light years away. But there are ways to manage student debt that won’t feel so suffocating. The team at Broussard Poché, LLP has a few planning and budgeting tips that […]
Once your taxes are filed, for many of us, especially small business owners, it will be time to pay up. Or maybe it’s time to pay back money that was taken out of a retirement account? Whatever the circumstance, you could owe the IRS thousands and may not have the money to pay right away. […]
It happens to many well-meaning people; credit card debt can sneak up on anyone. It may take a little know-how to get yourself out of this sticky situation. There are ways to manage credit card debt without having to live on ramen noodles for the duration of 2018. The experts at Broussard Poché, LLP offer […]
If you’re entering the professional world or have been in it for some time, chances are you’ve started to think about tackling a bit of your debt. By now you may have racked up student loans, credit card debt, a car loan, and even a mortgage. The thought of getting a handle on it all […]