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I have a friend that might get a big debt settlement or debt forgiveness. They were
unaware that you might have to pay taxes on something like this. I think that you
do. Maybe you don't?
I am looking to help my friend get this figured out so they can make the right decision and know the tax consequences. My friend is not that good with working in these types of interfaces like Elance so this is why I am the middle person so to speak.
Please put a placeholder bid so that more details can be sent to you privately
What information would you have to get from them to be able to
give an opinion?
Also, let me know your experience with this area of taxes.
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