U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026. Beginning January 1, student loan debt forgiveness could carry a high tax liability.

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you’re struggling to pay yours off or ...

With debt forgiveness, creditors pardon some or all of your debt. Various types of debt may qualify for forgiveness. Debt forgiveness can offer relief from overwhelming financial burdens, but it does ...

Federal student loan borrowers can have their remaining debts forgiven after making payments for 20 or 25 years on income-driven repayment plans. But as of Jan. 1, 2026, that debt forgiveness could ...

A provision that made student-loan forgiveness tax-free is set to expire next year. Sen. Elizabeth Warren is calling on the IRS to use its authority to prevent its expiration. Should the provision ...

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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 ...