Consumer lending

Morningstar's study of this growing area of asset management suggests that 529 plan quality is rising, despite the research firm's lackluster grades for it.

The American Institute CPAs, the National Association of State Boards of Accountancy and state CPA societies voiced their objections to a government proposal.

Borrowers who receive discharges of their student debt under the Income-Driven Repayment program could be facing tax bills as high as $10,000 next year.

The bill limits how much students and their parents can borrow for college from the government.

The U.S. Department of Education plans to resume collecting defaulted student loans on May 5 after a years-long pause that began with the pandemic.

The guidance in Notice 2024-63 is for employers that want to employees' student loan payments.

Educational assistance programs can help employees cope with the resumption of payments through a tax-free fringe benefit.

The justices, voting 6-3 along ideological lines, sided with six Republican-led states that sued to challenge the program.

The New Jersey Society of CPAs announced 10 winners of its student loan debt lottery, with each receiving $1,200 toward their student loan debt.

If the program ultimately moves forward, tax professionals should know about the rules when advising their clients.

Top 25 firm Withum awarded $95,000 in grant funding through the Thomas R. Suarez Student Loan Grant program to help its employees reimburse their student loans. 

Forgiveness; great sums of money; shell game; and other highlights from our favorite tax bloggers.

Surpluses and cuts; the CP80 mess; cost of ‘skin in the game;’ and other highlights from our favorite tax bloggers.

Just a little off; handling online reviews; a star EA; and other highlights from our favorite tax bloggers.

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

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.

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.