Millions of borrowers could face a surprise tax bill if student loan forgiveness becomes taxable again after 2025, ...

While debt forgiveness is typically taxable, there are some notable exceptions and exclusions. Student loan debt canceled through the federal Public Service Loan Forgiveness program is not taxable ...

“IRS tax forgiveness” is a popular term, but it does not refer to a single tax relief program. Depending on your financial situation, the IRS may offer relief through an Offer In Compromise (OIC), ...

An Offer in Compromise allows certain taxpayers to settle their tax debt with the IRS for less than the full amount owed. To qualify, taxpayers must undergo a detailed financial review of their income ...

Obtaining student loan forgiveness can feel like pure relief — but there may be some fine print to that forgiveness. As of Jan. 1, 2026, following the expiration of a Biden-era provision that made ...

The IRS promises to repay outstanding student loans for employees, but more than 1,000 of them cheated the terms of the agreement, according to a new audit by the tax agency’s inspector general.

An IRS offer in compromise can help you settle tax debt for less than you owe, but it's difficult to qualify for.