Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.

Question: I successfully filed for personal bankruptcy protection in 2025 under Chapter 7 to get out from under an overwhelming amount of credit card debt and back taxes created during the COVID years ...

Those affected by the change "are obviously, and rightfully so, really worried about this," one advocate said.

The tax shield on student loan forgiveness has expired. Here is how advisors can help clients lower their burdens.

While many types of student loan forgiveness are tax-free federally, several states may levy taxes on student loan ...

As of 2026, some loan borrowers may face a sizable tax bill ...

Today, the White House announced an indefinite pause of the collection of defaulted federal student loan debt, including through the Treasury Offset Program, which applies any tax refunds towar ...

The Department of Education agreed to procedures for student debt relief so borrowers who are eligible to have their loans canceled this year don't get hit with a huge tax bill due to the Trump ...

Eligible student loan borrowers can have their debt canceled under some plans including income-driven repayment programs. The Education Department sent emails to eligible borrowers about their options ...

Sweeping student loan forgiveness changes for federal student loans are going into effect this year, and millions of borrower ...