Accountants say rising numbers of California taxpayers who did short sales or received loan modifications in 2009 now fear they will be walloped anew by a cash-starved state government intent on taxing their forgiven debt.

Read more: http://www.fresnobee.com/2010/03/06/1849459/california-tax-law-unsettled-on.html#ixzz0ltuH2tJv