The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.
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 ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...