RE: US Tax Considerations Debt Discharges are Untaxed Income

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US Tax Considerations Debt Discharges are Untaxed Income

in tax •  8 years ago 

I picked up on that as well, which is why I get downvoted on these articles quite a bit. I could understand the downvotes if I posted a pro tax position which they fundamentally disagree with. Downvoting factual information posted for the purpose of informing and educating? I don't get it.

The purpose of these articles is not to stake out a pro or anti tax stance, it's simply to educate the community at large of what the Internal Revenue Code lays out as their obligations as taxpayers, and what consequences could result from failing to follow through on those obligations. It's simply about informing and educating the community.

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