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Did You Know?
If a lender forgives all or some of a debt owed, you may well have to pay income tax on the amount forgiven.
From the Blog
- Working Abroad – Paying the U.S. Income Tax Expatriates and the federal income tax Going abroad to live and work is a very exciting thing to do. It also has tax consequences because the United States will tax your income, no matter where you live and no matter… Continue Reading »