Guarantee A Loan? Wait Up!

Guarantee A Loan? Wait Up.   Guarantee a loan?  Only if you do it the right way. Signing a Loan Guarantee is a very big deal. You have no recourse when it turns out to be something other than what you thought it was. Go ahead, guarantee a loan, if that’s what you...

Debt Cancellation Is Taxable

Debt Cancellation Is Taxable   Debt cancellation happens when you are relieved of the responsibility to repay the debt. It is also called “debt forgiveness,” but you are not really “forgiven.” When that happens, the IRS considers the amount of the debt forgiven...