Tax Debt Archives - Debt Academy

Tax Debt

June 15, 2018
Tax Errors

8 Tax Errors Generation-X Make

Managing receipts and claiming deductions are considered boring by almost everyone — least of whom Generation X, who may be the first-timers when it comes to filing taxes or experiencing alterations in their finances. Though mistakes might sometimes be inevitable, it’s not a reasonable defense in case the tax department […]
March 30, 2018
Debt Written Off

What does it Mean When Debt Written Off?

Debt Written Off A write-off, in the context of debt relief companies, is a diminish of the recognized value of something. In accounting, this is termed as a recognition of the reduced or zero value of an asset. In income tax statements. This is a reduction of taxable income, as […]