Author: Susan Tompor, Detroit Free Press

As the Fed fights a spike in inflation, consumers will pay more to borrow on their credit cards in 2022. Here’s a look at some strategies ahead.

The IRS urged extra caution for those who received money through the advance child tax credit and the third stimulus payment in 2021.

Parents may want to take an extra close look at IRS Letter 6419 before they file their taxes. Early reports indicate some errors possible.

Many parents could toss a key tax-related letter from the IRS relating to child tax credit payments in 2021. Here’s what IRS Letter 6419 looks like.

The average 30-year rate was 3.08% in November but shot up to 3.54% by mid-January. The speed is a bit startling, but so was the spike in inflation.

The IRS will begin accepting tax returns on Jan. 24, 2022. Here’s what to know about filing taxes, unemployment claims and child tax credit payments.

The new My GM Rewards Card is designed to drive GM car and truck sales and to reward loyal customers with nearly instant point redemption.

What many families might not realize is that monthly child tax credit payments last year were to represent only half of a family’s estimated credit.

Although the IRS will start accepting returns on Jan. 24, you may not get a refund until mid-February – especially if you got child tax credit money.

Student loan bills, higher prices for groceries, and uncertainty about the child tax credit all could cut into family budgets in 2022.