Forgiven debt could bring you a hefty tax billCourier News - The woman had been living on her credit cards and eventually amassed about $30,000 in debt. She was able to negotiate that debt down to about $10,000, Cohen said. But the cancellation of debt created a $5,000 federal tax bill. "When I told her she
The debt bandwagonSaipan Tribune, Micronesia - 3 hours ago... The media are notorious for their fluff-bunny household "finance" advisors, many of whom have homed in on credit cards as being intrinsically bad. ...
You Might Be Overextended If...MSNBC - 21 hours agoOn our Credit Cards discussion board recently, Fool Community member Jay Allen shared some diagnostic tips for those dealing with debt. Here are most of them: ...