By Afua Kyemenu CAIQUO Kwesi Nyametease, an accountant, no longer begins his day buried in files and calculators. Instead, he opens a laptop, clicks a few buttons and within minutes, software powered ...
Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must submit ...
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