19 04, 2018

California Debtors Allowed to Discharge Federal Tax Debt According to Bankruptcy Court Ruling

By | 2018-04-19T00:56:14+00:00 April 19th, 2018|Debt, Taxes|Comments Off on California Debtors Allowed to Discharge Federal Tax Debt According to Bankruptcy Court Ruling

Earlier this year, a California bankruptcy court found that a couple’s tax liabilities were subject to discharge under Chapter 7 of the U.S. Bankruptcy Code. The question before the court was whether the couple’s debt accrued when the IRS assessed their tax liability in March of 2009, or when the couples filed multiple years of [...]

4 11, 2017

The Importance of Filing Tax Returns for Bankruptcies

By | 2018-01-04T01:15:16+00:00 November 4th, 2017|Bankruptcy, Taxes|Comments Off on The Importance of Filing Tax Returns for Bankruptcies

Now that the year is coming to an end, many people are looking towards the new year and all that it entails. One of the important parts of any new year is filing one’s taxes. This is great for some, who can expect a return on their taxes from the government, but for others it [...]

1 10, 2017

Disbarred Attorney Denied Bankruptcy Protection

By | 2017-10-06T19:47:22+00:00 October 1st, 2017|Bankruptcy, Taxes|Comments Off on Disbarred Attorney Denied Bankruptcy Protection

Bankruptcy protection is granted to the vast majority of those whom apply for it, but that protection is not absolute. This is the lesson learned recently by one disbarred attorney who was denied relief in his effort to discharge more than a million dollars in tax liability. The case reaches all the way back to [...]

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