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Office Space for Rent | New York and San Francisco | Codi

Private office space for rent in New York City and San Francisco. Move-in ready and furnished, with meeting rooms and flexible terms that grow with your business. . Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as cancellation-of-debt (COD) income. According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income. There are exceptions to this rule, however, so a careful examination of one's COD income is important to determine any potential tax consequences. Billions of dollars of cancelled debts will generate many unexpected tax bills, due to debt cancellations that financial institutions have started accelerating in 2012. https://en.wikipedia.org/wiki/COD_Income

Categories: Marketing/Merchandising, Business
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