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 ...

Taking the right steps now could help you get relief from your overwhelming credit card and personal loan balances.

Is your tax bill too much? Are you worried you can’t pay it off in full? Don’t worry, you have options. The Internal Revenue Service (IRS) Fresh Start Program is designed to help taxpayers, including ...

For the first time in five years, certain forms of student loan forgiveness will be taxable following a change in federal tax policy this year.

A group of Senate Democrats is urging the Treasury Department and the Internal Revenue Service to prevent steep tax hikes of up to $10,000 next year for student loan borrowers who receive discharges ...

It's also important to note that the student loan forgiveness on these plans is typically considered taxable income. The One Big Beautiful Bill did NOT extend tax-free loan forgiveness for repayment ...

Eligible student loan borrowers can have their debt canceled under some plans including income-driven repayment programs. The Education Department sent emails to eligible borrowers about their options ...

Certain types of student loan forgiveness face federal and state taxes after a law that protected borrowers expired. Now they ...