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 A group of blood tests called liver function tests can be used to diagnose liver disease. Other blood tests can be done to look for specific liver problems or genetic conditions.  Imaging tests. CT scan, MRI and ultrasound can show liver damage.
Liver function tests or LFTs are blood tests designed to determine how well your liver is working. The concentrations of several liver enzymes in your blood, including alanine aminotransferase, serve as good indicators of liver damage. High levels of alanine aminotransferase usually indicate a damaged liver. However, low levels may also be problematic and should be further correlated with other clinical data.