Since 1913, Americans have been paying taxes to the federal government with states adopting similar tax programs in 1930. Though this annual process has continued for decades, many Americans have been feeling anxious about taxes in recent years. According to a 2019 Nerd Wallet Report on taxes, 26 percent of Americans feel stressed or Read More
Many Americans have spent the last several months getting back into the workforce after being laid off due to the COVID-19 pandemic. Recovering from the financial fallout can bring turmoil, but there are also silver linings.
American workers became familiar with stories of job loss and salary cuts as the pandemic ravaged through 2020. According Read More
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Just when you thought 2020 was devoid of good news for Americans – here is a small financial reason to smile! U.S. consumers paid down a record amount of credit card debt this past year.
However, that does not mean American consumers now harbor less credit card debt. According to a report from the Federal Read More
While changes can be made at any time to a W-4 form, the end of the year is a good time to review tax withholdings. Life-changing events, like having a baby or buying a house, might mean it’s time for an update.
Withholdings are the amount an employer takes out of a paycheck to pay Read More
It’s supposed to be the most wonderful time of the year; but for many, the holidays can be an expensive time. From gifts to decorations to wrapping paper to special events, it’s easy to overspend and possibly even go into debt paying for all the extras.
In 2019, Forbes reported on a Gallop poll showing Read More
Identity theft is on the rise and wreaking havoc on the lives of many Americans. While everyone is at risk and there’s no foolproof way to safeguard against it, learning how to protect yourself from this type of fraud can go a long way in lowering your risk of identity theft.
According to the Insurance Read More
Kettering, Ohio, July 20, 2020 – Day Air Credit Union, the largest financial institution headquartered in Montgomery County, is excited to announce that Andrew Russell and Jennifer Nischwitz are the recipients of their 2020 Academic Scholarships.
Day Air’s scholarship is for $1,000 towards continuing education expenses and is based on academic achievement, extracurricular activities, community Read More
The COVID-19 crisis has caused income loss, uncertainties, and an increase in fraudulent attacks throughout Ohio and nationwide. Smart money management is more important than ever, but studies show that Americans are falling behind in financial literacy.
While the U.S. is the world’s largest economy, Investment News reported it as ranking only 14th for financial Read More