The Fresh Start program expands taxpayer options, lowers barriers to IRS relief programs and continues to give many people a ...
The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.
Key Points ・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 ...
The Internal Revenue Service may soon scrap its Direct File program, which allows Americans to file their taxes for free. Photo from Sean Lee via Unsplash The Internal Revenue Service is poised to ...
A union lawsuit against Trump officials regarding blocked student loan forgiveness is on hold due to the government shutdown. The stay on the American Federation of Teachers' legal challenge could ...