Tax Extension Center continues its series of The Top 100 Reasons to File a Tax Extension. This series is intended to show taxpayers that a tax extension is valuable because it saves individuals and/or their businesses time, stress, and even money.
Here’s reason #24: a foreclosure on your home has changed your tax profile.
As if going through a foreclosure on your home isn’t enough to give you heartburn, you have to know how it affects your tax picture.