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St Louis Mortgage Forgiveness Debt Act Is No Longer Taxing

Sunday, May 2nd, 2010

St Louis Mortgage Refinancing and Real Estate News –

St Louis Finance News: To Forgive Is Divine But Debt Forgiveness Can Be Taxing
News Hotline:  877-334-0210 | Floyd Tapia

Yes, to forgive is divine but not morally or legally wrong when it comes to being billed and taxed as income.

This is the bedrock policy that the IRS adheres  to in regards to tax forgiven debt and hence, you are (more…)