Good News for Some – No More State Tax on Forgiven Debt!
Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification. Enacted into law April 12th, Senate Bill 401…
Distressed homeowners no longer have to pay California state income tax on debt forgiven in a short sale, foreclosure, or loan modification. Enacted into law April 12th, Senate Bill 401…