I don’t know of a good CPA in your area but you are right to find one -the State of California does not conform to Federal Law in several areas, and mortgage debt relief may very well be taxable income in California. With the highest marginal rate pushing 10%, and the state NEEDING revenue, it is not safe to forget the impact of state taxes when making decisions. Good Luck.
I don’t know of a good CPA in your area but you are right to find one -the State of California does not conform to Federal Law in several areas, and mortgage debt relief may very well be taxable income in California. With the highest marginal rate pushing 10%, and the state NEEDING revenue, it is not safe to forget the impact of state taxes when making decisions. Good Luck.
I don’t know of a good CPA in your area but you are right to find one -the State of California does not conform to Federal Law in several areas, and mortgage debt relief may very well be taxable income in California. With the highest marginal rate pushing 10%, and the state NEEDING revenue, it is not safe to forget the impact of state taxes when making decisions. Good Luck.
I don’t know of a good CPA in your area but you are right to find one -the State of California does not conform to Federal Law in several areas, and mortgage debt relief may very well be taxable income in California. With the highest marginal rate pushing 10%, and the state NEEDING revenue, it is not safe to forget the impact of state taxes when making decisions. Good Luck.
I don’t know of a good CPA in your area but you are right to find one -the State of California does not conform to Federal Law in several areas, and mortgage debt relief may very well be taxable income in California. With the highest marginal rate pushing 10%, and the state NEEDING revenue, it is not safe to forget the impact of state taxes when making decisions. Good Luck.
We do not want to go the bankruptcy route, even if it papers out.
johngaltgirl,
Can you please explain why? It looks like BK process was designed to help exactly people like you. (Unsustainable asset/liability position). What is your rationale? Remember, many millions go through BK every year, it is not like some leprosy.
We do not want to go the bankruptcy route, even if it papers out.
johngaltgirl,
Can you please explain why? It looks like BK process was designed to help exactly people like you. (Unsustainable asset/liability position). What is your rationale? Remember, many millions go through BK every year, it is not like some leprosy.
We do not want to go the bankruptcy route, even if it papers out.
johngaltgirl,
Can you please explain why? It looks like BK process was designed to help exactly people like you. (Unsustainable asset/liability position). What is your rationale? Remember, many millions go through BK every year, it is not like some leprosy.
We do not want to go the bankruptcy route, even if it papers out.
johngaltgirl,
Can you please explain why? It looks like BK process was designed to help exactly people like you. (Unsustainable asset/liability position). What is your rationale? Remember, many millions go through BK every year, it is not like some leprosy.
We do not want to go the bankruptcy route, even if it papers out.
johngaltgirl,
Can you please explain why? It looks like BK process was designed to help exactly people like you. (Unsustainable asset/liability position). What is your rationale? Remember, many millions go through BK every year, it is not like some leprosy.
