Paul B. Sundin, CPA
For additional information regarding cancellation of debt and insolvency, please go to www.cancellationofdebt.org. This site has valuable information regarding cancellation of debt income and the insolvency exclusion.
Articles by this Author
Cancellation of Debt and the Insolvency Exclusion
- By Paul B. Sundin, CPA
- Published 08/14/2009
- Finances
- Unrated
The general rule regarding cancellation of debt is that it is a taxable event But there are some exceptions
