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IRS Issues New Guidance on Car Loan Interest, Employee Credits, and 1099-K Thresholds
The Internal Revenue Service released several key updates last week implementing provisions of the One, Big, Beautiful Bill ...
The Internal Revenue Service (IRS) has issued a pivotal interim guide, Notice 2024-63, detailing how employers can assist employees in repaying student loans through retirement plans. This guidance ...
The IRS recently issued a news release with a reminder that employers may contribute up to $5,250 annually per employee toward qualified student loan repayments if provided under a Section 127 ...
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Tuition Reimbursement May Ramp Up Thanks to the ‘Big Beautiful Bill’—Here’s What Borrowers Should Know
The One Big Beautiful Bill Act (OBBBA) made headlines for narrowing students' abilities to repay student loans, but the bill may have another significant effect on students. Through the CARES Act, ...
The SECURE 2.0 Act of 2022 created an opportunity for employers to help their workers pay off student loans while still saving for retirement, but implementing this optional provision in connection ...
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