Tag Archives: debt forgiveness

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The New Economic Stabilization Act

On October 3, 2008, President Bush signed into law the Emergency Economic Stabilization Act of 2008 (H.R. 1424) (“EESA”). EESA provides a significant financial bailout to many financial institutions. However, it has also changed many different tax provisions. The following is a brief discussion of the highlights of the tax changes which may be of…MORE

Author: Lona L. Feldman