Cancellation of Debt (COD) Income. Taxpayers in the United States may have tax consequences when debt is cancelled. This is commonly known as COD (Cancellation of Debt) Income. According to the Internal Revenue Code, the discharge of indebtedness must be included in a taxpayer's gross income.
1 Liver blood tests are designed to show evidence that abnormalities, for example, inflammation, liver cell damage, has or is occurring within the liver.  The blood tests most frequently used for liver disease are the aminotransferases (alanine aminotransferase or ALT and aspartate aminotransferase or AST).
May 10, 2010. Liver function tests or LFTS and LFs as they are referred to along with liver enzymes constitute groups of tests used to determine the state of liver function in a patient. Liver function tests are particularly useful as a screening tool and can be a great benefit when looking for any hepatitis dysfunction.