Studies

10
Dec
What Is the Average Tax Debt in Each State in 2019?

Using data from Solvable that featured 75,000 unique tax debt cases, LendEDU found average tax debt by state and the most common reasons for tax debt in each state.

Posted in: Reports, Studies, Taxes,
Tags: sharing,
12
Apr
Coming In & Going Back Out: Many Americans Will Use Over Half of Tax Return to Pay Down Credit Card Debt

It’s tax season, which means almost all tax returns need to be submitted by next Tuesday, April 17th.  ​Financial stress sweeps over the United States during this time of year, with people rushing to fit into their accountants’ jam-packed schedules to get their taxes in order and ready for the Internal Revenue Service (IRS).  >> Read [&he

Posted in: Credit Cards, Reports, Studies, Taxes,
22
Feb
Breaking Down the Impact of Trump’s Tax Plan By Race & Gender

Last week, LendEDU published the results of a survey in which we polled 1,000 Americans who reported that their take-home paychecks had increased as a result of President Trump’s Tax Cuts and Jobs Act of 2017.  As a result of the new tax law, the U.S. Treasury projects that 90 percent of Americans will receive more money in their […]

Posted in: Reports, Studies, Taxes,
14
Feb
Monthly Paychecks Rise $130.76 After Tax Plan Changes | Survey & Report

Americans’ monthly paychecks have increased by an average of $130.76 in February due to the new 2018 tax plan changes, according to LendEDU’s newest survey. As a result, Americans are largely supportive of the plan and more financially confident. As a result of the Tax Cuts and Jobs Act of 2017, the federal tax withholding tables […]

Posted in: Personal Finance, Reports, Studies, Taxes,