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2. IRS Letter 6475: What Is It For and Why You Need to Save It - AOL

   www.aol.com/finance/irs-letter-6475-why-save...

   IRS Letter 6475 is the official tax record of your 2021 economic impact payment (EIP). Letter 6475 will show your personal information, such as your name and address, and your total EIP amount ...

3. Get More Stimulus Money Using IRS Letter 6475 - AOL

   www.aol.com/finance/more-stimulus-money-using...

   The IRS began issuing Letter 6475 last month, a letter which details information about any recent stimulus payments received. Those who received economic impact payments (EIP) last year will ...

4. Missing a stimulus check? IRS Letter 6475 can help you ... - AOL

   www.aol.com/news/missing-stimulus-check-irs...

   The IRS is sending letter 6475 ahead of filing their 2021 tax returns. It can help determine if you are owed more money with Recovery Rebate Credit.

5. Debt settlement - Wikipedia

   en.wikipedia.org/wiki/Debt_settlement

   A portion of each payment is taken as fees for the debt settlement company, and the rest is put into the trust account. The consumer is told not to pay anything to the creditors. The debt settlement company's fees are usually specified in the enrollment contract, and may range from 10% to 75% of the total amount of debt to be settled. [13]

6. Tax debt relief: How to resolve your debt with the IRS

   www.aol.com/finance/tax-debt-relief-resolve-debt...

   Key takeaways. From due date extensions to settlements, the IRS offers several tax debt relief options that can make your bill more manageable. Exploring income-increasing opportunities, borrowing ...

7. IRS Letter 6475 can help you claim any extra stimulus cash ...

   www.aol.com/news/irs-leter-6475-help-claim...

   You'll need IRS Letter 6475 to avoid making tax mistakes regarding the Recovery Rebate Credit. And plenty of people made mistakes last year.

8. Cancellation-of-debt income - Wikipedia

   en.wikipedia.org/wiki/Cancellation-of-debt_income

   Therefore, a cancellation of a $20,000 debt will not need to be reported as gross income. However, if a debt of $60,000 was cancelled, the taxpayer will have $10,000 in gross income because their total liabilities no longer exceed their total assets (cancelling $60,000 in debt means the taxpayer now has only $40,000 in liabilities).

9. A comprehensive guide to debt relief programs - AOL

   www.aol.com/finance/debt-relief-guide-know...

   Debt settlement programs. With a debt settlement program, you or a third-party company negotiates with creditors to settle debts. If you choose the latter path, the company creates a dedicated ...