Personal Finance

IRS tax-filing season to kick off on Jan. 24

The Internal Revenue Service said Monday that it will begin accepting 2021 individual income tax returns on Jan. 24 – and administration officials are already warning of a “frustrating” season as the agency grapples with a backlog of returns from previous years.

Schumer escalates pressure on Biden to cancel student loans in 2022

The Senate majority leader has called on the Biden administration to cancel student loans in a series of Twitter posts over the past several weeks. While some borrowers have qualified for a loan discharge through the PSLF program, most debtors haven't yet benefited from forgiveness.