Notice 2025-57 explains how businesses should report interest to car purchasers so they can deduct it under the OBBBA.

The report goes on to say that the Department of Education initially estimated that the federal student loan program would generate $114 billion in extra income for the government and, thereby, ...

The Biden administration had been contemplating this action since 2020, so they should have been prepared to explain to taxpayers exactly how much it will cost. Fortunately, that doesn’t mean that we ...

President Trump has recommended that publicly held companies only report earnings every six months instead of every three.

The Trump administration agreed to procedures for student debt relief so borrowers who have their loans canceled this year ...

Lindsey Burke is the director of the Center for Education Policy and the Mark A. Kolokotrones Fellow in Education at The Heritage Foundation. Read her research. What’s $300 billion between friends? A ...

(Reuters) - The top U.S. securities regulator has questioned Wells Fargo & Co over its accounting for a roughly $20 billion portfolio of troubled loans. Sign up here. In a letter sent in September ...

Farmers can change their method of accounting regarding Commodity Credit Corporation loans, according to a new Revenue Procedure issued by the Internal Revue Service. Farmers have two methods of ...

According to Ellie Mae's Origination Insight Report, loans closed during November had an average note rate of 2.97 percent. The 30-year note rate for FHA and Conventional loans dropped below the three ...