Some student loan borrowers who get their debt canceled in 2026 may be hit with a tax bill now that a law protecting the ...

Question: I successfully filed for personal bankruptcy protection in 2025 under Chapter 7 to get out from under an overwhelming amount of credit card debt and back taxes created during the COVID years ...

・Starting January 1, 2026, forgiven federal or private student-loan balances may once again be considered taxable income. ・If forgiveness occurs in 2026 or later, you’ll likely receive Form 1099-C ...

Student loan borrowers will face taxes on certain types of loan forgiveness in 2026, but state tax rules will make ...

With hundreds of thousands of homeowners having negotiated loan modifications or short sales or been foreclosed upon during the past year, the Internal Revenue Service has issued fresh guidance on how ...

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 ...

The weight of carrying debt month after month can be extremely heavy, and, over time, it can have a real impact on your financial health. Whether it's from medical bills that piled up after an ...

WASHINGTON DC, UNITED STATES - NOVEMBER 5: Senator Bernie Sanders (I-VT) speaks at an impromptu press conference in Washington DC on November 5, 2025. Sanders and several other Democratic senators ...