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	<title>The Guide to Cancellation of Debt &#187; Cancellation of Indebtedness</title>
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	<description>Your Source For Cancellation of Debt Info</description>
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		<title>Hurry Up..The Mortgage Forgiveness Debt Relief Act Expires in 2010</title>
		<link>http://cancellationofdebt.org/hurry-up-the-mortgage-forgiveness-debt-relief-act-expires-in-2010</link>
		<comments>http://cancellationofdebt.org/hurry-up-the-mortgage-forgiveness-debt-relief-act-expires-in-2010#comments</comments>
		<pubDate>Wed, 06 Jul 2011 02:44:45 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Bankruptcy & Insolvency]]></category>
		<category><![CDATA[Cancellation of Debt & Insolvency]]></category>
		<category><![CDATA[Cancellation of Indebtedness]]></category>
		<category><![CDATA[Debt Forgiveness]]></category>
		<category><![CDATA[Forgiveness of Debt]]></category>
		<category><![CDATA[debt forgiveness income]]></category>
		<category><![CDATA[mortgage debt]]></category>
		<category><![CDATA[mortgage forgiveness]]></category>

		<guid isPermaLink="false">http://cancellationofdebt.org/?p=217</guid>
		<description><![CDATA[Most people realize that there is a law in place that allows homeowners to exclude certain cancellation of indebtedness. What many folks don&#8217;t realize is that the law is set to expire at the end of 2012. As the law stands now, you are allowed to exclude canceled debt from income only if it is [...]]]></description>
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		<title>Mortgage Debt Cancellation and the Insolvency Exclusion</title>
		<link>http://cancellationofdebt.org/mortgage-debt-cancellation-and-the-insolvency-exclusion</link>
		<comments>http://cancellationofdebt.org/mortgage-debt-cancellation-and-the-insolvency-exclusion#comments</comments>
		<pubDate>Sun, 01 Aug 2010 00:15:36 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cancellation of Debt & Insolvency]]></category>
		<category><![CDATA[Cancellation of Debt Income]]></category>
		<category><![CDATA[Cancellation of Debt Income Exclusions]]></category>
		<category><![CDATA[Cancellation of Debt On Rental or Investment Property]]></category>
		<category><![CDATA[Cancellation of Indebtedness]]></category>
		<category><![CDATA[Debt Forgiveness]]></category>
		<category><![CDATA[Forgiveness of Debt]]></category>
		<category><![CDATA[Insolvency]]></category>
		<category><![CDATA[Insolvency Calculation]]></category>
		<category><![CDATA[debt cancellation]]></category>
		<category><![CDATA[mortgage debt]]></category>

		<guid isPermaLink="false">http://cancellationofdebt.org/?p=97</guid>
		<description><![CDATA[Considering the all the foreclosures and short sales, taxation of debt cancellation continues to be a significant issue.  There are many misconceptions regarding the tax consequences and still many concerned taxpayers.  The tax consequences can be severe, so people need to make sure that they are educated on the issue. As a general rule, debt [...]]]></description>
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		<slash:comments>2</slash:comments>
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		<title>Debt Forgiveness &#8211; What are the Tax Consequences?</title>
		<link>http://cancellationofdebt.org/debt-forgiveness-what-are-the-tax-consequences</link>
		<comments>http://cancellationofdebt.org/debt-forgiveness-what-are-the-tax-consequences#comments</comments>
		<pubDate>Sun, 16 May 2010 22:13:31 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cancellation of Indebtedness]]></category>
		<category><![CDATA[Debt Forgiveness]]></category>
		<category><![CDATA[Forgiveness of Debt]]></category>
		<category><![CDATA[debt forgiveness income]]></category>
		<category><![CDATA[debt forgiveness taxes]]></category>
		<category><![CDATA[recourse debt]]></category>

		<guid isPermaLink="false">http://cancellationofdebt.org/?p=91</guid>
		<description><![CDATA[Tax season is fast approaching and many people have questions regarding the tax impact of debt forgiveness. During our recent real estate boom many people overextended themselves and their homes were forced into foreclosure. The next step is determining whether or not they will have a resulting tax liability. Whether or not the taxpayer will [...]]]></description>
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		<slash:comments>3</slash:comments>
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		<title>Cancellation of Indebtedness – Do I Need a CPA?</title>
		<link>http://cancellationofdebt.org/cancellation-of-debt-%e2%80%93-do-i-need-a-cpa</link>
		<comments>http://cancellationofdebt.org/cancellation-of-debt-%e2%80%93-do-i-need-a-cpa#comments</comments>
		<pubDate>Sun, 05 Jul 2009 23:03:49 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Cancellation of Indebtedness]]></category>
		<category><![CDATA[debt forgiveness income]]></category>
		<category><![CDATA[debt forgiveness taxes]]></category>
		<category><![CDATA[forgiveness debt relief]]></category>
		<category><![CDATA[forgiveness income]]></category>

		<guid isPermaLink="false">http://cancellationofdebt.org/?p=8</guid>
		<description><![CDATA[I see people all the time who are going through a short sale or foreclosure, have a potential income tax problem, and then try to tackle the tax issue themselves.  In many cases it may not result in a tax liability, but you should always have a CPA or other tax or legal professional review [...]]]></description>
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		<slash:comments>1</slash:comments>
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