Debt Forgiveness – Wagner Tax Law

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Tag Archives: Debt Forgiveness

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October 24, 2012Ben WagnerCategories: Debt ForgivenessTags: Cancellation of debt, Cancellation of debt income, COD, Creditor Negotiations, Debt Forgiveness, Forgiveness of Indebtedness Income, Long v. Turner, Qualified principal residence indebtedness, Section 108, Section 61'

Frequently Asked Tax Questions in Family Law Cases – Understanding Forgiveness of Indebtedness Income

This is the second post in the Frequently Asked Tax Questions in Family Law Cases series. This serie...

October 31, 2009Guest Contributor – Thomas M. ReganCategories: Accounting, Income and DeductionsTags: Debt Forgiveness

Debt Forgiveness

Reducing or Eliminating the Tax Impact of the Forgiven Debt What are the tax implications when someo...