Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to prepare, and some may not have to pay.
The IRS' Fresh Start program could help you catch up on delinquent tax debt — but you'll have to qualify first.
For many who had the good fortune of having their loans canceled in 2025, they may be wondering what that means for their tax ...
Some borrowers could fax substantial tax bills on their forgiven student loans.
A ‘tax bomb’ could be ticking for people who received student loan forgiveness. Consumer Investigator Rachel DePompa explains what you need to know.
Logan Allec, CPA is the founder, owner and president of tax relief services company Choice Tax Relief, which serves clients nationwide. Every day, my staff and I interact with business owners burdened ...
The month of February will be critical for certain borrowers pursuing student loan forgiveness, and hundreds of thousands of ...
The Trump administration identified more than 40,000 borrowers eligible for federal student loan relief in January, a recent court filing shows.
The $0 student loan payment period is ending as the “One Big Beautiful Bill Act” introduces sweeping changes to federal student loans. Borrowers should prepare for updated repayment plans, new ...
The Education Department began announcing long-awaited student loan forgiveness approvals under key programs after a lengthy delay had left many in limbo.
Taking the right steps now could help you get relief from your overwhelming credit card and personal loan balances.