Thursday, January 3, 2013

Deal To Avert The Fiscal Cliff Doesn’t Do Enough To Help Underwater Homeowners

Deal To Avert The Fiscal Cliff Doesn’t Do Enough To Help Underwater Homeowners: As part of this week’s deal to avert the so-called “fiscal cliff,” Congress extended a little-known tax provision that says homeowners don’t have to pay tax on mortgage debt forgiven as part of a short [...]/p