Student loan debt is simply a part of college life now. With college tuition skyrocketing as wages stagnate, more and more people are turning to
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Congressional Proposal Would Provide COVID Tax Breaks For Employees & Parents
Our schools stopped in-person instruction due to the pandemic in March. Within a few weeks, it was evident that we were going to have to
Read MoreStudent Loan Relief Provisions Extended Through End Of 2020
On August 6, 2020, the Senate adjourned without passing a stimulus package. Senate Majority Leader Mitch McConnell (R-KY) wasn’t involved in the talks, leaving Senate
Read MoreExpecting A Refund Of College Tuition And Fees? Here’s What You Need To Know
Every Friday evening, my husband’s college friends have a Zoom happy hour: it’s practicing social distancing and being social at the same time. The conversations
Read MoreIRS Offers Guidance On Tax Treatment Of Discharged Student Loans
The Internal Revenue Service (IRS) has issued guidance for some taxpayers who took out federal or private student loans to finance attendance at a nonprofit
Read MoreCollege Applications, Taxes, And Filling Out Your FAFSA
My daughter has been sending me steady reminders about filling out the Free Application for Federal Student Aid (FAFSA) form. If you–or your child–plan to attend college or
Read MoreSanders, Warren Both Propose To Wipe Out Student Debt With Tax Dollars
Presidential hopeful Sen. Bernie Sanders (I-VT) has introduced a plan to cancel all U.S. student loan debt. The debt, which currently totals $1.6 trillion, affects
Read MoreCongress Considers Bills To Clarify Tax Treatment Of Post-Graduation Scholarship Grants
Lives were changed during a 2019 commencement address at Morehouse College when self-made billionaire Robert F. Smith announced that he was paying the student debt for the entire
Read MoreMorehouse Grads Likely Won’t Owe Taxes On Gift From Billionaire
Life just got a whole lot better for some recent college graduates. During the 2019 commencement address at Morehouse College, self-made billionaire Robert F. Smith announced that
Read MoreTax Fraud A Key Role In Major College Admissions Scandal
Some parents will do anything to get their kids into an elite university—even commit tax fraud. That’s what the Federal Bureau of Investigation (FBI) and
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