The IRS “one-time forgiveness” refers to the First-Time Penalty Abatement program, offering relief from certain penalties for compliant taxpayers.

Fraudulent schemes exploiting the IRS Fresh Start Program are on the rise, putting vulnerable taxpayers at risk of financial ...

Key takeaways 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 ...

Eligible taxpayers (student, parent or spouse) can claim the credit for 100% of the first $2,000 spent on qualified education ...

A national teachers union is seeking to expand a lawsuit against the U.S. Department of Education over some student loan borrowers potentially facing a hefty tax bill. That's because of a law set to ...

A proposed rule governing which nonprofits can benefit from a loan forgiveness program gives the Trump administration the power to crack down on left-leaning groups.

During a government shutdown, essential services and federal benefits continue to operate, and that includes Social Security ...

Applying for student loans online can simplify the process, whether you’re completing the Fafsa for federal aid or comparing ...

Learn more about the financial aid process and where you can get help filling out the Free Application for Federal Student ...

Seniors on a fixed income can find relief from tax debt through various IRS programs. Find out more about these opportunities ...

The U.S. Department of Education has resumed the Income-Based Repayment (IBR) forgiveness program, providing long-awaited ...

The Internal Revenue Service has hit taxpayers with over $162 million in penalties for claiming fraudulent tax credits they heard about through social media. The claims involve illegitimate claims for ...