I just discovered my dad owes $200,000 to the IRS, hasn’t filed taxes in years, and has a lien on the house my mom paid for. How can I protect her and should I even help him fix this mess?
We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. The IRS requires most Americans to file a tax return every year to ensure they’re up to date on the taxes they owe. The IRS typically won’t knock on […]
After a crew took $20K to remove asbestos from this Illinois man’s attic, he had to pay another contractor an extra $8K to actually get the job done — all thanks to a state ‘loophole’
When Michael Flores paid $20,000 to remove asbestos from his attic, he didn’t expect to find the toxic material still there — or to learn that the crew had never obtained a license in the first place. Flores had bought the 100-year-old Ottawa, Illinois, home with plans to turn it into a vacation rental near […]
‘I’m Daisy from Apple’: This Philadelphia man lost over $1,000,000 in 2 back-to-back scams — plus red flags to watch for next time you call a business for help
Joe Subach was just trying to send some money to a friend. But one phone call later, with a woman named ‘Daisy,’ and his financial situation was forever changed. Subach was the victim of two back-to-back scams — one that even involved him handing over his precious metals to money mules — that drained him […]
Michigan police say ex‑Ford worker stole millions worth of car parts right off the line to then sell on eBay in years-long scheme — plus how US drivers can avoid getting burned by hot parts
Millions of dollars of brand-new Ford hoods, bumpers and taillights recently disappeared straight off the assembly line into an online market before Dearborn police cracked the case. According to Fox 2 Detroit, a former Ford Motor employee slipped the parts out of three plants in Wayne, Dearborn and Flat Rock over more than two years, then […]
‘We’re looking at a slowdown’: 3 warning signs point to a U.S. recession. Find out what the indicators are and how to protect your finances in the months ahead
The U.S. is not in a recession — yet. But with policy uncertaintly around tariffs, mass deportations and Department of Government Efficiency (DOGE) cuts, some economic observers believe the odds are rising. “We’ve got a real uncertainty problem, it’s going to be hard to fix that,” former Treasury Secretary Lawrence Summers said in an interview […]
Extreme weather takes growing toll on commercial insurance sector
Canada faced one of its most expensive years for insured losses in 2024, with severe weather wreaking havoc on both homes and businesses. While homeowners bore the brunt of the damage, commercial properties also suffered massive losses, pushing the total insured damages to over $1.7 billion — the second-highest in the country’s history. "Thousands of […]
‘It looked like a legit business’: This Mississippi man is out nearly $100,000 after purchasing solar panels — only to find that they don’t work and now the company has seemingly vanished
Mississippi business owner Jim Dutton is feeling burned by Tren Solar, a Louisiana-based company that installed solar panels on his property, and Mosaic Solar, an affiliated company that loaned him $99,000 for the job. Now Dutton has 47 non-functional solar panels installed on top of his auto body shop, located on the same property as […]
NYC man confesses to Dave Ramsey he put an $11,000 engagement ring on a 0% interest credit card
One New York City man thought he’d gamed the system when he bought an $11,000 engagement ring using a 0% interest credit card offer from Bank of America. With $25,000 sitting in a high-yield savings account earning 4%, Nick figured he could carry the balance for two months, earn a little interest, and make the […]
This man from Toronto feels broke making $73,000 a year — his wife recently left him and he has an 18-month-old child. Here’s what Dave Ramsey told him
Breakups can be painful, but the pain can be amplified if you relied on your ex-partner to handle your finances. Elliot from Toronto, called into The Ramsey Show explaining that his separation from his wife has left him both emotionally and financially vulnerable. Although he earns $73,000 a year — it’s unclear if this was […]
A vacant former hospital in Florida is being transformed into 71 affordable housing units for seniors — here’s how this ‘huge asset’ will help address a critical need in the Sunshine State
After sitting vacant for a decade, the former Edward White Hospital in St. Petersburg, Florida is being converted into affordable housing units for seniors. The revamp is part of an effort to address the affordable housing crisis and homelessness among older Americans. The renovated facility will offer community services, like a health center, and give […]