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Student-loan borrowers who make enough payments could get debt relief — and a big tax bill this year
A provision that made student-loan forgiveness tax-free is expiring in 2026. It could put borrowers on the hook for thousands ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The IRS doesn't typically just let up on the collection efforts when you ...
A ‘tax bomb’ is set to detonate on New Year’s Day. The blast could throw the finances of millions of student loan borrowers ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Those hefty repercussions are a big part of why many people with tax ...
With national tax debt mounting, more and more Americans are looking for a way to resolve their IRS debt in the easiest and most cost-effective way. That’s where tax relief companies come in. These ...
Falling behind on your debt to Uncle Sam can be stressful. But it is relatively common: In 2023, Americans owed more than $158 billion in back taxes, penalties and interest. If you’re in this position ...
If you’re facing a large tax bill from the IRS after filing, you might wonder if you’re eligible for tax relief. Understanding who qualifies for tax relief can help you take advantage of tax relief ...
The Daily Overview on MSN
Student loan relief trap: Forgiveness may trigger a tax bomb
Student loan borrowers spent years hearing that relief was finally on the way, only to discover that the clean slate they ...
The Department of Education agreed to procedures for student debt relief so borrowers who are eligible to have their loans canceled this year don't get hit with a huge tax bill due to the Trump ...
With tax season in full swing, many baby boomers may be looking for ways to cut their tax bills or get relief from tax debt. While the IRS offers various opportunities for reducing taxes and handling ...
Logan Allec, CPA is the founder, owner, and president of tax relief services company Choice Tax Relief, which serves clients nationwide. For most small business owners, success is typically followed ...
Tax season came to an end this week, much to the relief of millions of Americans. But if you hit submit on your taxes and were left with a bill you can't pay, you're far from alone. As inflation ...
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