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Student loan forgiveness could be coming. These are the steps borrowers should and shouldn’t take before there’s more news.

By Greg Iacurci, CNBC • Updated 1 hour ago Samuel Corum | Getty Images News | Getty Images The top 1% of households would see a tax increase of more than $213,000, on average, in 2022 if Congress passes President Joe Biden's proposed tax plan, according to the Urban-Brookings Tax Policy Center. The plan raises the top capital-gains tax rate and the top marginal income tax rate, for example. Low and middle earners would get tax cuts of about $600 and $300, respectively. Households with kids would get a bigger average tax break. The top 1% would see their federal taxes rise by more...

Even as the pandemic fades, more than 14% of renters are behind on their rent, according to an analysis by The Center on Budget and Policy Priorities.

By Greg Iacurci, CNBC • Updated 58 mins ago Tasos Katopodis | Bloomberg | Getty Images President Joe Biden has proposed a 39.6% top marginal income tax rate, up from the current 37%, to help fund the American Families Plan. That rate would affect single individuals with taxable income of more than $452,700 and married couples filing jointly with income over $509,300, according to a budget proposal issued Friday. The top rate is slated to increase to 39.6% after 2025 even if Congress doesn't pass Biden's proposal. President Joe Biden wants to raise the top income tax rate for wea...

Consumers and businesses can shield income from the IRS using cryptocurrencies like bitcoin. The Biden administration wants to change the rules.