Posts Tagged ‘Income’

CANCELLATION OF DEBT — Traps for the Unwary

John M. Vandenhoff, Esq. In today’s economic environment, businesses are looking to modify and re-structure debt to pull through until the economy turns around. Rather than allowing so many loans to go bad, lenders are working with debtors to re-structure loans in a manner that allows the debtor to stay in business. For example, a […]


Stock Grants and Phantom Income

This Kind of Corporate Benefit Your Employees Don’t Welcome. Stock Grants and Phantom Income You own a small and very successful private company. You know that you would never have become so successful without the dedication and hard work of your trusted key managers. You have one particularly valuable manager who you would like to […]