Student loan forgiveness tax and Trump’s ‘big beautiful bill’

Luis Alvarez | Digitalvision | Getty Images Student loan forgiveness may be taxable again The American Rescue Plan Act of 2021 made student loan forgiveness tax-free at the federal level through the end of 2025. Trump’s “big beautiful bill,” while making other specific kinds of student loan relief tax-free, did not extend or make permanent that broader provision. In theory,…

HK Actor Jacky Heung Accused Of Owing Casino S$230K; But It Was The Casino That Eventually Apologised To Him Over A Misunderstanding

Hong Kong actor Jacky Heung, 40, the son of billionaire film producers Charles Heung and Tiffany Chen, was recently reported to have owed MGM Macau casino a HKD1.4mil (S$230k) gambling debt.  According to the casino, Jacky had exchanged HKD2mil (S$330k) worth of chips last December, which he was required to pay for on that same day. However,…

Latest rundown of higher education

From the Chief Executive Officer It’s been a whirlwind week! Parliament’s back and despite what seemed like an eternity between sittings, it feels like it never left as we quickly settled back into the groove. Parliament House was a hive of activity this week with new and returning politicians and staffers on deck for the…