So, what exactly is one-time forgiveness from the IRS, and who qualifies for this type of help? That's what we'll detail ...

Getting an audit letter from the Internal Revenue Service (IRS) can cause concern for even the most organized taxpayer. If you've received one of these letters after filing your taxes, you might ...

Debt forgiveness can reduce or wipe out certain types of debt, but you’ll typically need to meet strict criteria to qualify. Debt forgiveness has benefits and drawbacks, so make sure you understand ...

Facing a hefty tax bill from the Internal Revenue Service (IRS) can be daunting, especially if you're unable to pay it off quickly. This financial burden can weigh heavily on your peace of mind ...

This can provide you with much-needed relief from collection calls and letters as you work through the debt forgiveness process ... financial situation. The IRS considers forgiven debt as taxable ...

While forgiveness before 2026 won't trigger a federal tax bill, borrowers could owe taxes on future debt cancellation, experts say. President Joe Biden on Monday unveiled a new student loan ...