The IRS has clarified that while extensions grant more time to file tax returns, they do not extend the deadline for paying ...

Missing the tax filing deadline can lead to significant penalties from the IRS. If you owe taxes and haven't filed or paid, ...

The federal Department of Education is cracking down on student loan debt, announcing this week it will resume collecting ...

When a borrower defaults on a student loan, the government has the power to deduct from their Social Security checks and tax refunds to repay the debt. The government can also garnish borrowers' wages ...

Trump is restarting collections on defaulted student-loan balances in two weeks. It could impact federal benefits, like ...

If action is not taken by May 5, defaulted borrowers will become subject to wage garnishment to collect their outstanding balances.