Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...

The agency said it is providing the relief because both lenders and the IRS need more time to comply with the new car loan interest reporting requirements added by H.R. 1.

A new federal move could mean financial breathing room for thousands across the country. The Department of the Treasury and ...

Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

The Trump administration has reached a pivotal agreement to resume student loan forgiveness programs, providing debt relief ...

After receiving emails earlier this month that they are eligible for student-loan forgiveness, borrowers on income-based ...

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year ...

Under Notice 2025-57, the Treasury and IRS are granting temporary relief for entities required to report car loan interest ...

The Trump administration reached an agreement with the American Federation of Teachers to continue processing student-loan ...

Some student-loan borrowers on income-based repayment plans are on track for debt cancellation, but the government shutdown ...

Trump's administration begins forgiving student loans for millions under IBR plans, but delays and tax issues could affect ...

Marylanders with student loans can get up to $5,000 in relief by applying for the Student Loan Debt Relief Tax Credit for the 2025 tax season. Borrowers can apply for the tax credit through the ...