Personal Finance Advice and Commentary

Wednesday, July 27, 2016 2:05 pm
By Kay Bell · Bankrate.com

Students facing overwhelming college loan payments sometimes are able to have that debt forgiven. But then they are hit with a tax bill. New legislation seeks to change that.

Thursday, June 02, 2016 2:28 pm
By Kay Bell · Bankrate.com

Students duped into taking out loans to pay for college could get a tax break if a new Senate bill gets some traction.

Thursday, December 26, 2013 1:11 pm
By Kay Bell · Bankrate.com

State attorneys general urge congress to extend the Mortgage Forgiveness Tax Relief Act.

Thursday, November 15, 2012 4:01 pm
By Kay Bell · Bankrate.com

Occupy Wall Street’s wants to help folks swamped by debt. But is the group’s erasing of what’s owed taxable forgiven debt income or merely a tax-free gift?