Government Tax Deed Sales

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Debt forgiveness, you see, is treated as taxable income. Why? From a nutshell, you have to be gives cash and do not need pay it back, it's taxable. Relates to have to fund taxes on wages from one job. Some of the reason that debt forgiveness is taxable is really because otherwise, it would create a large loophole inside of the tax program. In theory, your boss could "lend" you money every 2 weeks, and the end of the season they could forgive it and none of it taxable.

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