No one wants to pay more taxes than necessary or have high personal debt, however most people aren’t taking advantage of strategies and legislation available to them because they either don’t know what they can do or find it to complex.
There are various ‘legal’ ways to reduce taxes, some of which will directly start working on reducing your non-deductible ‘Bad Debt’ at the same time. The sooner you put in place legitimate tax effective and or debt reduction strategies the better the long-term outcome will be for you and your family.