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Student debt relief activists participate in a rally at the U.S. Supreme Court on June 30, 2023, in Washington, D.C.
There are several circumstances in which debt forgiveness can occur, such as government initiatives, financial hardship or debt relief programs. Lenders apply debt forgiveness in several ways ...
Tax debt relief is a way the government helps you when you can’t afford to pay your tax bill. This comes in the form of a payment plan or a settlement in which the IRS agrees to settle your tax ...
The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.
In late August 2024, the latest chapter in the ongoing student debt forgiveness debate came to a close—for now—when the Supreme Court announced it would uphold a block on the Biden-Harris ...
Total household debt in the U.S. hit $11.71 trillion during the 2024 third quarter, according to a study from ConvertBankStatement, an online platform that lets users convert bank statements into ...
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