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).
Liver enzyme tests, formerly called liver function tests (LFTs), are a group of blood tests that detect inflammation and damage to the liver. They can also check how well the liver is working.iver tests check the blood for two main liver enzymes: 1  Aspartate aminotransferase (AST), formerly called SGOT; the AST enzyme is also found in muscles and many other tissues besides the liver. 2  Alanine aminotransferase (ALT), formerly called SGPT; ALT is almost exclusively found in the liver.