Legal Articles, Income Tax
DEDUCTING THE COST OF LIFE IN A RETIREMENT COMMUNITY
It is important to understand the deductability of the costs and expenses associated with living in a retirement facility.
Are Taxes Due the IRS Dischargeable in Bankruptcy?
One of the most frequently asked questions by consumers who are contemplating filing bankruptcy is: "Are Taxes Due the IRS Dischargeable in Bankruptcy?"
Mortgage Debt Forgiveness and the IRS
With the collapse of the economy and crash in the real estate market, more and more homeowners are finding that their home is “underwater” in the sense that the value of the their property is worth significantly less than the mortgage or mortgages that are owed on the property.