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Real Estate & Property Law

: The Home Equity Theft Reporter

IRS Taxpayer Watchdog Urges Congress To Ease Laws Governing Mortgage, Consumer Debt Defaults & Cancellations

By r morris

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The New York Times reports: Congress should ease certain tax laws governing defaults on mortgages, credit cards and other consumer debt to help Americans who are struggling in the economic downturn, the watchdog agency of the Internal Revenue Service said Wednesday. In its annual written report, the agency, the National Taxpayer Advocate, said that without the changes hundreds of thousands of

Full post as published by The Home Equity Theft Reporter on January 09, 2009 (boomark / email).

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