Borrowers who believe they are receiving federal student-loan forgiveness could face tax liabilities of up to $70,000 or more ...

U.S. senators have issued a warning for student loan borrowers, as tax bills of up to $10,000 may hit in 2026.

A provision of the American Rescue Plan that excludes forgiven student loan debt from federal income tax is set to expire at ...

Sen. Elizabeth Warren is calling on the IRS to prevent student-loan borrowers from facing a "tax bomb" on debt relief ...

Since President Donald Trump took office in January 2025, sweeping changes have been made to federal student debt relief ...

Could the relief of finally wiping out student debt turn into a costly surprise? For millions of borrowers on income-driven ...

Student loan borrowers are encountering delays and backlogs while trying to access debt forgiveness programs. Meanwhile, a law that shielded student loan forgiveness from taxation is expiring at the ...

“This is a tremendous win for borrowers,” Winston Berkman-Breen, legal director for Protect Borrowers, told CNBC. (2) “The ...

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 ...

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 ...

Senators and advocates are sounding the alarm about a potential “tax bomb” that could impact student loan borrowers in 2026.