Consumer lending

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.

A bipartisan group of lawmakers has introduced legislation to close a loophole in the CARES Act.

To help taxpayers struggling with the pandemic, the service will suspend most collection activities.

Invoiced users can now transfer overdue invoices to CollBox as a next step, pushing the debt to vetted collections agencies.

A group of Democratic lawmakers, led by presidential candidate Sen. Elizabeth Warren, D-Mass., has written a letter to Internal Revenue Service commissioner Chuck Rettig asking him to enforce a recent law.