Nice article buddy. Like it. keep posting good work @lpfaust
RE: US Tax Considerations Debt Discharges are Untaxed Income
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US Tax Considerations Debt Discharges are Untaxed Income
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Thanks vishal1. Taxation isn't a sexy topic, but it's a necessary one. Unfortunately the Steemit community at large does not seem to think so. I suppose we will have to see come tax season.
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Well so far from what I see most of the steemit community believe that, "Taxation is theft" and I concur. Good article though, entirely factual afaik.
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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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