You or your business may qualify for exceptions to paying tax on canceled debt and may not have to pay. Creditors may offer debt forgiveness to debtors who negotiate the cancellation of their debt obligation. In cases of forgiven debt or canceled debt, the creditor gives...
In these troubling times when it’s hard to make ends meet, and we worry about the stability of our jobs, asking whether you’re still required to file taxes is a worthwhile question to ask. Each year, the IRS updates the contents of Publication 501 on the...
Born Michael Lawrence Tyler, Mystikal, is an American rapper and actor. His career began in the early 90s when he signed with Big Boy Records. Later, he signed with No Limit Records, releasing many albums. By the early 2000s, he’d already released four albums, including...
In March 2020, the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) were signed into law, including several provisions related to taxes. When 2020 came to a close, many felt we could leave the chaos brought by the global pandemic behind. However, as we...
The coronavirus disrupted the world on a massive scale in 2020. But while many industries suffered, the eCommerce and trucking sector experienced a surge as organizations closed their brick-and-mortar shops across the nation. And as we entered 2021, it was clear that the COVID-19 pandemic would...
