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Simple, Step-by-Step Ways to Negotiate Your Debt and Avoid the Tax Consequences
From:
Daniel J Pilla -- Income Tax Problem Expert Daniel J Pilla -- Income Tax Problem Expert
Minneapolis, MN
Monday, August 26, 2013


Eliminate Taxes on Debt Forgiveness
 
It's true that America's financial situation is critical. Just about everyone feels it. The number of consumer bankruptcies has skyrocketed in the last five years and Americans are losing their homes more often now than during the Great Depression. Consumer debt has soared, income is down and people are defaulting on business and personal loans, credit cards, car loans and student loans. There is no end in sight but we DON'T have DROWN in the process.

YOU CAN COME OUT ON TOP OF THIS DEBT CRISIS IF YOU KNOW HOW!

LET DAN PILLA SHOW YOU HOW IN HIS LATEST BOOK "HOW TO ELIMINATE TAXES ON DEBT FORGIVENESS"!

THE GOOD NEWS

    Debt can be negotiated, sometimes even canceled, including
  •  Credit card debt
  •  Business loans
  •  Personal loans
  •  Hospital bills, and more


THE BAD NEWS

As bad as these financial nightmares are, they can be managed. But things can get even worse when the IRS shows up. Home foreclosures, credit card debt forgiveness, short sales, even negotiated settlements with creditors can lead to "cancellation of debt" income.

"What's that?" you ask. That's when the IRS (using Form 1099-C) says you actually had "income" because your debt was forgiven. So, after you maneuver your way through your debt problems the IRS expects you pay taxes on phantom income! This adds insult to your already painful financial injury and can lead to enormous tax debts, including penalties and interest.

THE GREAT NEWS!!!

Dan Pilla is coming to the rescue again. He shows you how to cancel this "phantom" income.

Daniel J. Pilla's HOW TO ELIMINATE TAXES ON DEBT FORGIVENESS teaches you all the insider tips, tricks and secrets to avoiding taxes on debt forgiveness income. If you have debt forgiveness for any reason, you cannot afford to go another minute without reading his new book

Dan's manual gives you everything you need to handle debt forgiveness income, including:

  • Dan's simple, easy-to-understand analysis of little-known rules, laws and strategies for dealing with any 1099-C
  • Step-by-step procedures to guide you through every aspect of the process
  • Forms, instructions and worksheets that your tax preparer probably doesn't even know about
  • 7 different procedures to keep the IRS from taking money you don't owe
  • Dan's analysis of new tax laws that will help you in cases of home foreclosure or short sales
  • 3 proven strategies to avoid the crushing effects of an incorrect or improper Form 1099-C
  • And much more...
Becoming debt free should make life easier, not another nightmare with the IRS. 

 
News Media Interview Contact
Name: Daniel J Pilla
Title: Tax Litigation Consultant
Group: TaxHelpOnLine.com TaxFreedomInstitute.com
Dateline: Stillwater, MN United States
Direct Phone: 651-439-1606
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