Debt cancellation can erase what you owe under certain circumstances, but it's not always as simple as it sounds.

Key Points ・The federal tax-free exclusion for most student-loan forgiveness under the American Rescue Plan Act of 2021 ...

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 ...

Many changes to student loans will happen on specific dates over the course of the next three years. Here’s a breakdown.

IRVINE, CALIFORNIA / ACCESS Newswire / April 14, 2025 / With tax season in full swing, terms like "debt forgiveness" and "IRS settlement" are everywhere, especially in ads promising to erase tax debt ...

Learn about phantom income, a taxable gain not received by individuals or partnerships, its types, how it affects taxes, and ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The good news? They do. The bad news? While the IRS' tax forgiveness ...

A lot has been written about forgiveness. Perhaps Mark Twain described it best: "Forgiveness is the fragrance that the violet sheds on the heel that has crushed it." But for our purposes, Oscar Wilde ...