Cancelled and forgiven debts trigger income and can be a tax trap. Fortunately, there are exceptions that may keep you from having to write a check to the IRS. IRS says to check the status of your ...

Sacrificing Gulf Refiners A year ago, Wood Mackenzie concluded that more than 20% of world ... If they pursue this policy, US Gulf Coast (PADD III) refiners will need to shut down a sizable portion of ...