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Avoiding Tax on Cancelled Debt - All Ways are Not Created Equally - Commercial & Bankruptcy Law News

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Commercial & Bankruptcy Law News


Posted on: Nov 24, 2014

If you want to avoid tax on cancelled debt, there is a right way to do so, according to this blog post. Check it out to read why "discharge in a case under Title 11" and "insolvency" are not equally effective ways to avoid including cancelled debt in taxable income.

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