Education has become less affordable in recent years, leading many to take out student loans. Unfortunately, new borrowers often find it challenging to navigate the
Read MoreTag: student loans
Everything You Need To Know About Student Loan Repayment And Student Loan Debt
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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Sanders, 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 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 MoreBill Would Exempt Student Loan Forgiveness From Tax
As student loan debt continues to grow, Senators Bob Menendez (D-NJ) and Elizabeth Warren (D-MA) have introduced the Student Loan Tax Relief Act which would exempt discharged student loans from being taxed as income.
Read MoreIRS Advises Planning Ahead When Requesting Tax Transcripts For Mortgages, Student Loans
Plan ahead. That’s the advice from Internal Revenue Service (IRS) this year. As tax season approaches, IRS is advising taxpayers to plan ahead when requesting
Read MoreUnderstanding Your Forms: 1098-E, Student Loan Interest Statement
Here’s what you should know about the form 1098-E, Student Loan Interest Statement.
Read MoreTaxes From A To Z (2014): S Is For Student Loans
Taxes from A to Z: S is for Student Loans
Read MoreFAFSA, Tax Return Delays Could Slow College Enrollment Decisions
The delay in processing forms 8863, Education Credits, at the IRS is causing more trouble than just slowing down refunds. The delay, which was formally
Read MoreCongress Attempts To Sneak Tax Increase Into Student Loan Bill
Whew, S corporation shareholders… You dodged a bullet last week when the bill to raise your taxes was voted down. You mean you didn’t know
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