Congress Extends the Income Exclusion for 1099 ‘Forgiven’ Mortgage Debt to Tax Years 2015 and 2016 For a more detailed discussion on tax...

Generally, when a debt is owed and at least $600 of the debt is canceled, forgiven or settled for less than the full amount owed, this...

Non-dischargeable debts are those few categories of personal liabilities which can never be discharged in either form of Chapter 7 or...

If you receive a Form 1099-C reporting ‘debt cancellation’ income after a home foreclosure, you may qualify for the Mortgage Forgiveness...

Minnesota Department of Revenue levies sales tax on any number of transactions common to small businesses, most often being on sales of...

When I became aware of a popular local restaurant and bar recently close its doors due to unpaid sales tax and subsequent state shutdown,...