1099 C Cancellation of Debt Common Questions

1099 C Cancellation of Debt Common Questions

Disclaimer – We are not lawyers or tax professionals and we are not giving legal or tax advice. These are merely some options and information about taxes.  Consult an attorney or tax professional in your area to determine all your options. Debt forgiveness may come with a tax consequence. In other words, debt forgiveness is potentially taxable. If you are considering debt forgiveness like debt settlement, or have been through debt forgiveness, you need to understand the possible tax consequences of debt forgiveness.  In a previous blog post, we discussed the tax consequences of debt settlement. In this blog post, […]

how much money do you have to make to file taxes

How Much Money Do You Have to Make to File Taxes in 2020

Disclaimer – We are not lawyers or tax professionals and we are not giving legal or tax advice. These are merely some options and information about taxes. Consult an attorney or tax professional in your area to determine all your options. Tax season arrives every year. If you don’t make a lot of money, you may not know whether or not you need to file your federal income taxes. If you are asking “How much money do I need to make to file taxes?” You are in the right place for a quick tutorial. Let’s take a quick look at […]

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