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Category Archives: Legal Issues

AAR has some revised forms to release.

Instead of releasing new forms throughout the course of the year AAR releases new form updates once a year in February.  Not too much action in the AAR forms world right now, but you should be looking for the following forms to be released at AAR’s next release date on February 1, 2008: ·        Revised Residential…

The Government has quit "kicking em while they're down!"

In the past, if your home was sold for less than you owed on a mortgage and the lender forgave some of the debt you owed - most sellers got taxed on the amount forgiven similar to normal income.  As of December 20th, a new bill was passed that relieves many home sellers of this tax.  The home has to have…