As long as the total of your liabilities exceeds the value of your assets when your debt is canceled, you may claim the ...

IRS relief programs may reduce or eliminate tax debt for qualified taxpayers. Here's what experts say to know.

Pursuing certain types of credit card debt relief could have a big impact on your taxes. Here's what you need to know.

Before you pursue tax forgiveness with the IRS, it's important to ask the right questions about the rules, the requirements ...

Here’s what to know about the current challenges to federal student loan forgiveness, and what you can do about them.

These 10 taxable items can impact your finances by lifting your tax bill. They include investments, Social Security benefits, and retirement plan distributions.

Read on for more of what you need to know. Federally forgiven student debt is not taxable on your federal return through the end of this year. That's because ARPA made federal student loan ...

In a world burdened by the heavy shackles of student debt, understanding your financial relief options is more important than ever. For many, the term 'student loan forgiveness' presents a beacon of ...

This fact check originally appeared on PolitiFact. After the Department of Government Efficiency gained access to student ...

Decades-old student loan debt harms seniors’ finances and mental health. Luckily, there are programs and people who can help.

If a business cancels some or all of a debt you legitimately owe, you may have to pay income tax on the forgiven sum. Here’s when a forgiven debt can trigger an extra income tax obligation and ...