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

The student loan debt tax bomb can happen when you have to pay taxes on the student loan forgiveness you received. However, ...

Compare tax relief providers that match your needs. Find Tax Experts Reduce your tax burden now Tax debt is more common than you may think. Millions of taxpayers likely have some form of IRS tax debt, ...

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.

If you borrow money (note: credit card debt is borrowed money) from a commercial lender and the lender later cancels or forgives the debt, you may have to include the cancelled amount as income for ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Suppose that your uncle loans you money, but later tells you not ...

IRVINE, CALIFORNIA / ACCESS Newswire / April 14, 2025 / With tax season in full swing, terms like "debt forgiveness" and "IRS settlement" are everywhere, especially in ads promising to erase tax debt ...

There can be a hefty amount of stress that comes with owing money to the Internal Revenue Service (IRS), and if you aren't able to get rid of your tax debt quickly, that burden runs the risk of ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. If you've ever been hit with an unexpected tax bill from the Internal ...

When you're struggling with growing credit card debt, finding relief can feel like a weight has been lifted off your shoulders. Whether through negotiated settlements, forgiveness programs or ...