Debt Negotiation – TaxMama.com

www.TaxMama.com Today TaxMama hears from Robert in the TaxQuips Forum, with a painful issue. “I am considering working with a company that will hopefully negotiate my debt. It will involve stopping payments to creditors and turning negotiations over to a law firm with a limited power of attorney. I need to know how this could affect my 2011 as well as future year Federal and State tax filings.” Read the answer www.TaxMama.com Image Credit: www.flickr.com
