Archive for November 10, 2022
Do You Owe Taxes on Canceled Debt?
GET IN TOUCH GET IN TOUCH A lender canceling or forgiving a debt you owe can be great news. After all, you no longer have to worry about monthly payments, late fees, or accumulating interest. However, that doesn’t mean there aren’t strings attached — not to mention the possibility of an unpleasant surprise at tax…Read More