There are a growing number of tax bills in Congress to provide relief for those with student loans. The Employer Participation in Repayment Act (S. 2457) would expand the exclusion for employer-provided education assistance to include the repayment of student loan debt. Another measure called the Make Student Grants Truly Tax-Free Act (S. 2462) would exclude student loan aid (e.g., Pell Grants) from gross income. While the chances for enactment are small, consider the fact that a Federal Reserve Study last year found that high student debt impeded entrepreneurship.
Barbara Weltman
Big Ideas for Small Business, Inc.
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It's important to take care of ourselves and take steps to nourish ourselves--body, mind and soul. We may have to do this in different and creative ways now that many of us are staying at home. It's still important that we take time for ourselves. #selfcare #Health