A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...

Key Points ・The federal tax exemption for income-driven repayment (IDR) student loan forgiveness expires after December 31, ...

Could decades of careful student loan payments end with a surprise bill from the IRS? For millions of federal borrowers on ...

Could the relief of finally wiping out student debt turn into a costly surprise? For millions of borrowers on income-driven repayment plans, that’s the looming question as a key tax exemption is set ...

U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026.

Borrowers who believe they are receiving federal student-loan forgiveness could face tax liabilities of up to $70,000 or more ...

A lot has been written about forgiveness. Perhaps Mark Twain described it best: "Forgiveness is the fragrance that the violet sheds on the heel that has crushed it." But for our purposes, Oscar Wilde ...

Since President Donald Trump took office in January 2025, sweeping changes have been made to federal student debt relief ...

A provision of the American Rescue Plan that excludes forgiven student loan debt from federal income tax is set to expire at the end of 2025.

IRS furloughs and delayed notices may offer temporary breathing room – but experts warn taxpayers not to mistake delays for debt forgiveness. During a shutdown, the IRS typically scales back staffing ...

IRVINE, CA / ACCESS Newswire / May 26, 2025 / For thousands of Americans grappling with back taxes, the IRS Fresh Start Program has opened the door to meaningful relief – but many taxpayers still ...