The president’s proposal of student loan forgiveness has created many problems that need to be addressed by the U.S. Congress. Most involve the income tax laws that only Congress can address ...

This express podcast episode with transcript highlights recent Journal of Accountancy news coverage of student loan debt forgiveness, an AICPA letter requesting penalty relief from the IRS, and more.

you may be wondering whether the IRS offers any form of tax forgiveness. The good news? They do. The bad news? While the IRS' tax forgiveness programs can help taxpayers reduce or manage their tax ...

Joseph Leocata, JD, a certified public accountant and tax controversy advisor with Berkowitz Pollack Brant Advisors + CPAs, says tax forgiveness ... tax compliance. Examples include natural ...

To recoup some of that lost tax revenue, the IRS offers tax forgiveness programs with flexible payment arrangements and may even let you discharge some of your debt. The IRS provides several ...

One of the most valuable yet lesser-known options is referred to as "one-time forgiveness." This program can provide substantial relief to taxpayers who have otherwise maintained a clean tax record.