Student loans and year-end tax planning — 4 steps for borrowers to take

Recent changes to the federal student loan system may affect borrowers' taxes. There are some helpful steps you can take now, ...

Tax-Free Student Loan Forgiveness Expires In 2026, Who Owes More Next Year?

The American Rescue Plan Act of 2021 will make most student loan forgiveness tax-free until 2025, then borrowers may owe thousands in taxes.
National Academies of Sciences%2c Engineering%2c and Medicine

Federal Tax Credits in 2021 Lifted More than 2 Million Children Out of Poverty, Says New Report

WASHINGTON — The temporary expansions of the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC) as part of the American Rescue Plan Act of 2021 reduced child poverty in the United States ...
USA Today

'One Big Beautiful Bill' offers Americans lots of tax benefits. Here are a few to plan for

Tax season isn’t even close, but now is the time to start planning to take advantage of new provisions in the massive tax and spending bill that became law earlier in July, experts say. “Everyday ...
The New York Times

G7 Backs Plan for ‘Side-by-Side’ Tax System to Avoid U.S. Fight

American companies will be exempt from penalties related to a 2021 global minimum tax deal that President Trump opposes. By Alan Rappeport and Colby Smith Alan Rappeport covers the Treasury Department ...