5 Surprising Sources of Income You Have to Report on Your Taxes
When it comes to taxes, everyone knows you have to report your income from a full-time job and side gig. But the IRS doesn’t stop there — they... Read more
Student Loan Forgiveness Taxes
Surprise! Here’s When You’ll Owe Taxes on Student Loan Forgiveness (and When You Won’t)
If you’re facing a hefty student loan balance, then you may have already considered pursuing student loan forgiveness to avoid having to pay... Read more
New Jersey Lawmakers Vote to Forgive Student Loans of the Deceased
Marcia DeOliveira-Longinetti went through a nightmare most parents hope to never even imagine. As reported by The New York Times, an unknown... Read more
When Will Student Loan Forgiveness Programs Actually Start Paying?
Federal student loan forgiveness is kind of like the Tooth Fairy as a child. You know that somehow you can end up with more cash, but figuring out... Read more
387,000 Americans Now Face a Student Loan Forgiveness Tax
Imagine coming home one day, opening your mailbox, and seeing an official-looking envelope from the U.S. Department of Education. Inside, you find a... Read more
4 Reasons Student Loan Forgiveness Might Not Be Worth It
Student loan forgiveness is often considered a smart “way out” for borrowers struggling with debt – but is it really the great solution people... Read more
Student Loan Disability Discharge: How to Make Your Debt Disappear if You’re Disabled
When you take out student loans to get your degree, you can only hope that you’ll make enough to pay them back eventually. But what if you’re... Read more
Received a Form 1099-C? Here’s How to Report That Cancellation of Debt on Your Taxes
Imagine this: all your remaining student loans have been forgiven after diligently paying them for 20-25 years under an income-driven plan. You’re... Read more