F YMonth: January 13, 2018

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Life Changes & their Impact on Taxes

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  Cancellation of Debt – Insolvency Taxpayers with cancelled debt can often exclude the cancellation of debt income to the extent that they were insolvent immediately before cancellation.  We discuss the cancellation of debt in this article. Find out more about what qualifies and doesn’t qualify by clicking on the Download Article link below.   […]

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