After this session, attendees should be able to:
• Understand the ins and outs of a Cancelation of Debt and why the unpaid amount is taxable - Understanding the meaning of insolvency
• Explore how to read and understand Form 1099 C
Kathryn M. Keane, EA, NTPI Fellow is the principal tax professional at Macanta Corporation, a small family owned tax and related services practice located in Brooklyn, NY, serving over 1015 individual clients and 86 businesses, along with many...