IRS Tax Tip 2012-64, April 3, 2012. If you owe tax with your federal tax return, but can't afford to pay it all when you file, the IRS wants you to know your options and help you keep interest and penalties to a minimum.
The amount spent by each individual on graduation gifts also hit a new high this year, rising from a tick under $98 last year to $102.50 this year, and the average graduation gift-giver is shopping for two people â so those new grads will have to share the wealth.
The yearly cost for a college degree can total $50,000 or more, a price tag that requires most students to turn to student loans. Unfortunately, many students worry that their credit score could stand between them and the loans they need to get to graduation. But thereâs good news: Having a negative credit score or a lack of credit history by no means prohibits you from receiving loan approval.