Key Points ・The "Student Loan Tax Bomb" is a term that refers to the taxes owed on forgiven student loan debt in some circumstances. ・The tax bomb is set to return for many borrowers in 2026.

Freelancing can be notoriously difficult, but a new tax break might make things easier— that is, if you’re already wildly ...

This is especially pertinent to states with high tax burdens, such as California, where the best tax relief services can make ...

Around 10% of people itemize their deductions now, and they are typically wealthier. The other 90% take the standard deduction, which expanded in the 2017 Trump tax cuts and will get bigger under the ...

Democrats and Republicans agree that any big bill will include something they hate, including the ones on which they vote ...

The IRS is urging taxpayers who requested an extension for their 2024 federal tax return to file during the summer months. By doing so, you can avoid the autumn rush, reduce the risk of errors, and ...

The “big, beautiful bill” extends many tax cuts enacted during the first Trump administration — and adds some new ones. Here ...

The new tax law makes substantial changes for the 2025 tax year. Here are 6 new tax provisions that could help you save on ...

As a result, the new $6,000 deduction is stacked on top of both the regular standard deduction — $15,750 for single filers or ...