Tax law oddity on cancellation of debt

In 2012, a case was decided by the Tax Court where the taxpayer challenged a Form 1099-C he received ( Stewart , TC Summary Opinion 2012-46)...

Cancellation of debt a growing issue - need for informed tax preparers and changed tax rules

In preparing for an upcoming presentation that basically looks at beyond the current filing season for CPAs, I delved into some data on grow...