Banking

The portal offer a streamlined way to seek loan forgiveness, but accountants are watching for the revenue reduction scores the SBA is using to make determinations.

Securities-based lending is up sharply as wealthy investors leverage gains in their stock portfolios into low-interest loans for pricey purchases.

Better enforcement; for fans of tax crime; partner sabbaticals please; and other highlights from our favorite tax bloggers.

Basis debate; relief to come; underreporting and the gap; and other highlights from our favorite tax bloggers.

Practitioners share which parts of their jobs they’d ditch and which they’d keep.

Taxpayers who file through TurboTax can now opt to open a Credit Karma Money Spend account and have their tax refund sent there directly.

Thanks to vagaries of the accounting world, Donald Trump’s administration had a chance in the final weeks of the presidential race to cancel more than $200 billion of student loans with no immediate hit to the Department of Education’s massive portfolio. Yet it didn’t do it. Now, perhaps Joe Biden will.

President Joe Biden plans to extend a freeze on federal student-loan repayments until at least the end of September, keeping in place a pandemic measure that’s reduced costs for tens of millions of borrowers.

Private collection agencies that have contracted with the Internal Revenue Service to collect overdue tax debts have collected nearly $500 million since 2017, according to a new report, but that’s just a fraction of the over $30 billion owed.

Bansley & Kiener, without admitting wrongdoing, agreed to pay $2.5 million to address allegations that lax oversight contributed to the 2017 collapse of Washington Federal Bank for Savings.