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What is debt forgiveness?
Bankrate via Yahoo Finance· 1 year agoMaskot/Getty Images Having debt can feel overwhelming. If it seems like you won’t be able to continue to make your debt payments, then you may want to...
Everything to know about financial insolvency
Bankrate via AOL· 2 months agoKey takeaways According to the IRS, insolvency occurs when your total liabilities exceed your total assets. Insolvency is divided into two categories:...
Tax debt relief: How to resolve your debt with the IRS
Bankrate via AOL· 2 months agoKey takeaways From due date extensions to settlements, the IRS offers several tax debt relief...
What is a 1099-C Cancellation of Debt form?
Bankrate via AOL· 2 months agoKey takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt on your behalf. You must include...
Time is running out: How to claim your share of $1.2 billion in IRS rebates before it's too late
MoneyWise via Yahoo Finance· 2 years agoFor once, it’s not the early bird who’ll get the worm. If you filed your 2019 or 2020 taxes late,...
What is a tax refund offset? 5 reasons the IRS can seize your refund
Yahoo Personal Finance· 1 month agoIf you owe back taxes to a federal or state agency or you’re behind on child support, the IRS could...
IRS Hires 4,000 Ahead of 2023 Tax Season — What Other Improvements Are Being Made?
GOBankingRates via Yahoo Finance· 2 years agoIf you've spent time in phone purgatory trying to get customer service help from the IRS, this week...
How Long It Typically Takes the IRS To Reach Out If It Finds a Mistake on Your Taxes
GOBankingRates via Yahoo Finance· 2 weeks agoTaxes can be a joyous time for those expecting a tax refund this year. They can also be a...
Will I Have to Pay Taxes on Canceled Debt?
SmartAsset via Yahoo Finance· 2 months agoUsually, if you have a debt canceled, you will owe taxes on the amount of the canceled debt. The Internal Revenue Service does not consider debt as...
Student loan interest deduction: Rules and income limits
Yahoo Personal Finance· 2 months agoIf you borrowed money for your education or your child’s education, you may be eligible for the...
