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YouTube: Mortgage Debt Forgiveness

We have extensively blogged on the “mortgage debt forgiveness” and tax consequences. For example:

IRS explains consequences of receipt of mortgage settlement due to foreclosure

Revenue Ruling 2014-02 — National Mortgage Settlement

Tax Tips: Mortgage Debt Forgiveness: 10 Key Points

Pay Off That Mortgage Now!

Reverse Mortgage Defaults Rising

Taxpayers may not need to report forgiven mortgage debt as income on their tax returns. Get more information by watching this new YouTube video.

Watch this and other videos on the IRS YouTube Channel.

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Meet Paul Raymond

Meet Paul Raymond

Mr. Raymond is a sought after speaker in tax controversy law by many attorney, accountant, and business groups and at the request of the Internal Revenue Service, has presented programs at the IRS Nationwide Tax Forum, attended by tax professionals throughout the United States.

Additionally, he continues to be an active member in the Section of Taxation, American Bar Association, where he was the Past Chair of the Employment Taxes Committee.

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Member CA Bar Member Orange County Bar US Tax Court Attorney