Department of Education Will Forgive $39 Billion in Student Loans
All other monthly student loan payments will now resume 60 days after June 30, so around August 29, and interest will also start accruing again at that time.
Education
AICPA Endorses Bipartisan Bill to Expand Use of 529 Savings Plan
The bill would expand eligible uses of 529 savings plans to include fees and expenses required to obtain or maintain recognized post-secondary credentials.
IRS Website Problems Lead to Extension of Deadline by One Day
The IRS announced on Tuesday that it has extended the tax deadline by one day to April 18, 2018. The move comes as many tax professionals and individuals encountered difficulties with the IRS website, particularly its Direct Pay system, which allows ...
Four Tips for Maximizing Your Clients’ Education Benefits
If you have clients with college age children, now may be a good time to refresh your knowledge about the various tax education benefits that are available and the strategies for making the most of them. Here are four tips that can help you determine ...