How does debt forgiveness impact taxable income? Cashflow?
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I have heard that borrowers have to pay taxes on the debt forgiven in... Continue ReadingComment are off
Adam B. O'Farrel, Baker Donelson Bearman Caldwell & Berkowitz PC, Cashflow Available to Pay Debt, COD income, Debt forgiveness, Donald L. Ariail, Foley & Lardner LLP, Foreclosure, Linda Keith CPA, Liquidation, Michael Evans, Michael M. Smith, mt-page, Peter J. Elias, Restructure, Southern Polytechnic State University, Van A. Tengberg