https://blog.fiducial.com/wp-content/uploads/2019/06/blog-090617.jpg 200 448 fiducial https://blog.fiducial.com/wp-content/uploads/2019/06/logo-2.png fiducial2017-09-05 20:59:112019-06-20 21:01:19DEBT CANCELLATION AND YOUR TAXES.
DEBT CANCELLATION AND YOUR TAXES.
Did you have debt canceled during the year? If so, the amount of the canceled debt is taxable income. This occurs when there has been a home loan modification, foreclosure, credit card debt forgiveness, car repossession, etc.
Please call this office for further details.
Leave a ReplyWant to join the discussion?
Feel free to contribute!