I received a notice from the IRS dated 5/12/09 stating my wages reported in 2007 do not match their records. It goes on to say that I am missing a 1099-c from CACH LLC for cancellation of debt that should be reported as income.
I have no Idea what this is about and I have never received a letter from this company, never received a phone call from this company, never received this supposed 1099-c from this company either.
Could someone explain to me what the heck a cancellation of debt is and who is authorized to do so? Who the hell is CACH LLC and how the hell can they 1099-c me without ever sending me the actual form? I need any referrals to a good attorney if anyone is out there. I live in Snellville, GA.
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