Forgiven Debt is Taxable Income

Surprising news for many American consumers out there: Forgiven debt is taxable income! When you’re buried in debt, the one saving grace is often creditor settlement. Creditors are often willing to negotiate a significant discount on a debt when they know that a consumer is unable to pay in full. The rationale is that they [...] We provide the platform for qs and all information and lucy calkins writing paper templates services on an as is and as available basis

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