Student Loan Forgiveness 'Tax Bomb': Why You Could Owe $10K or More

Some types of student loan forgiveness will be taxed again after five years of being tax-free. The change will impact ...

Student loan forgiveness is taxable again. How to plan for a five-figure IRS bill

Student loan holders who get their debt excused in 2026 can expect a hefty tax bill. But there are steps you can take to ...
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What is the IRS Fresh Start Program and how does it work?

Is your tax bill too much? Are you worried you can’t pay it off in full? Don’t worry, you have options. The Internal Revenue Service (IRS) Fresh Start Program is designed to help taxpayers, including ...
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Owe the IRS? Here are 5 official programs that could lower your debt

Discover the 5 primary relief solutions under the IRS Fresh Start Program, including Installment Agreements, Offer in ...
Forbes

The IRS Fresh Start Program: 3 Things Taxpayers Should Know

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 ...
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Your debt was forgiven, but now the IRS wants its cut: What's Form 1099-C?

Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be ...
Newsday

Some student loan forgiveness debt is now taxable. Here's what to know.

Starting this year, borrowers who get their federal student loans forgiven could face big tax bills. The new rule will apply to those in income-driven repayment plans, which limit monthly payments to ...
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What is debt forgiveness?

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 ...