Cancellation of Debt Triggers Income

Ask Ralph - Christian Finance

English - October 11, 2018 14:00 - 9 minutes - 7.88 MB - ★★★★ - 7 ratings
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Owners, borrowers, and guarantors must consider tax implications when seeking debt relief, as many strategies may trigger cancelation of debt (commonly known as COD). On today's show, Ralph outlines what cancellation of debt means for your tax-time bottom line.

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