Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to avoid paying taxes on debt settlement when you're insolvent. Taxpayers who are insolvent ...
Investors can boost their after-tax returns by pairing assets with taxable accounts or tax-advantaged retirement accounts like 401(k) plans and IRAs.
In a press release published last week, the agency announced that it would be rolling out pilot programs that will test the ...
A $6.5 million settlement related to the 2018 death of a county inmate could prompt the city to delay any bond issue plans ...
Several thousand investors in Connecticut will be eligible for a share of a $106 million settlement reached with ...
The payment includes two separate settlements: one over misleading sales tactics for credit cards, and another concerning its ...
Wagoner County residents have two options, and they don’t like either of them: raise the property taxes or raise the sales ...
Vanguard Group will pay $106.4 million to settle U.S. Securities and Exchange Commission charges alleging it failed to ...
Wagoner County voters will decide whether to approve a 15-year sales tax earmarked to pay off a $13.5 million civil rights ...
More than 15,000 New York investors, including 2,700 Long Islanders, were forced to pay higher capital gains taxes ...
which will administer the settlement to compensate investors for the capital-gains taxes related to the TRF changes, they said adding that settlement amounts have not yet been determined.