FRANK D. TAFF, J.D., Attorney at Law - 3601 SW 29th Street, Topeka, Kansas 66614
My Blog

Can You Get Rid of Income Taxes by Filing Bankruptcy?

Everyday, we see TV ads saying they can get the IRS to drastically reduce your taxes.  You pay them a bunch of money up front and usually receive nothing in exchange!

But, did you know bankruptcy can eliminate a lot of back taxes without paying money up front?  That can be done through a Chapter 13 wage earner plan, if the taxes are more than three years old.  Call us for more information.

Bankruptcy cannot discharge taxes for which no return was filed, however.  To quote one court:  "The goal of bankruptcy is to give the honest but unfortunate debtor a fresh start, but the law has always provided that certain debts cannot be discharged.  Section 523(a)(1)(B)(i) excepts from discharge any debt for a tax with respect to which a return was not filed."

Also, taxes cannot be discharged in bankruptcy where the tax payer has filed a fraudulent return or willfully attempted to evade or defeat the tax.

Finally, the income tax must have been assessed by the IRS at least 240 days before you file bankruptcy, or have not yet been assessed at all.  This time may be extended if the IRS suspended collection activity because of a compromise offer or a previous bankruptcy filing.

If you owe back taxes, consider filing Chapter 13 to get protection from the IRS through the Bankruptcy Court, rather than paying a bunch of money to some TV scam artist.


19 Comments to Can You Get Rid of Income Taxes by Filing Bankruptcy?:

Comments RSS
soccer jersey wholesale on Thursday, September 19, 2013 11:55 AM
Typically, these sorts of drills do help out with fitness surprisingly fast. Also, they provide an excellent way to improve the overall health of your team.
Reply to comment
 
Replica Breitling on Friday, December 06, 2013 9:52 PM


Mcx Commodity on Friday, November 01, 2013 2:03 AM
Nice post.I am totally impressed.You write very well.Carry on
Reply to comment


Bankruptcy Law Glendale on Thursday, February 20, 2014 2:20 PM
This information is good but I want to know more about it in details.
Reply to comment


bankruptcy attorney in Orange County on Friday, March 14, 2014 1:37 AM
I would like to thank you for the efforts you have made in writing this post like Can You Get Rid of Income Taxes by Filing Bankruptcy. I am hoping the same best work from you in the future as well. In fact your creative writing abilities has inspired me.keep it up
Reply to comment


Alex on Tuesday, May 20, 2014 1:45 AM
I loved the blog content its really very nice and informative. Thanks for sharing such a nice blog.
Reply to comment


No Cost Income Stream Review on Tuesday, May 20, 2014 1:48 AM
The blog is really impressive I have learned so many things about taxes and bankruptcy. This really helpful information keep blogging.
Reply to comment


Attorney in lithonia on Friday, August 01, 2014 1:11 AM
Hi, This page is very informative to read. I am a huge follower of the things blogged about. I also love reading the comments, but it seems like a great deal of readers need to stay on topic to try and add something to the original topic. I would also encourage all of you to bookmark this page to your most used service to help get the word out. Thanks
Reply to comment


fashiongames on Saturday, January 10, 2015 11:01 AM
Mostly, Mashaba has restored confidence after the team was called a "bunch of unbearable, useless individuals" a year ago by South Africa sports minister Fikile Mbalula following its early exit from the lower-level African Nations Championship.
Reply to comment


Free Equity Tips on Thursday, September 10, 2015 4:12 AM
This is a very truthful answer but with this bankruptcy is it possible to make a tax saving plan.Blog shows it correct.
Reply to comment


Stock Trading Tips on Wednesday, April 20, 2016 7:51 AM
What a commendable work you have done, with simplest of language. I can’t resist myself to leave a comment and trust me it’s hard to impress me.......
Reply to comment


Jahidul on Sunday, May 22, 2016 6:38 PM
It is an a standout amongst the most critical online journal about the Making Money out of Tragedy which make me simple to think about the currency market. I have preferred this examination. Thank you so much.
Reply to comment


online essay on Wednesday, August 10, 2016 11:46 PM
It is my first visit to this webpage; I am going by this site and read your post, for example, important and supportive blog entry.
Reply to comment


http://www.janeprobstlaw.com on Wednesday, October 05, 2016 3:00 PM
This is a big issue that get rid of Income taxes by filing bankruptcy. I didn't know much better about this before. Finally I got the perfect tips through this reading. Thank you so much and keep it up!
Reply to comment


London money on Thursday, October 06, 2016 2:14 AM
This is great that get rid of Income taxes by filing bankruptcy! I appreciate this type of things. I didn't heard about this yet before this reading. I hope people will like this concept. Thank you so much.
Reply to comment


Commercial Gym Equipment UK on Friday, December 02, 2016 11:10 AM
This is a big problem of income tax bankruptcy, by explaining to get rid of. I did not know much better about this before. I finally got the perfect reading through this advice.
Reply to comment


sekj on Thursday, December 22, 2016 1:10 AM
GOlelse
Reply to comment


www.barretttaxlaw.com on Thursday, December 22, 2016 1:11 AM
The objective of chapter 11 is to give the fair yet disastrous indebted person a new beginning, yet the law has dependably given that specific obligations can't be released.
Reply to comment


replica watches on Tuesday, September 19, 2017 9:47 PM
The objective of chapter 11 is to give the fair yet disastrous indebted person a new beginning, yet the law has dependably given that specific obligations can't be released.
Reply to comment

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment
RSS

Recent Posts

CAN FACEBOOK BE FORCED TO IDENTIFY ANONYMOUS SPEAKERS?
WHAT IS DOUBLE JEOPARDY AND WHEN DOES IT ATTACH?
COPYRIGHT INFRINGEMENT--HOW TO PROVE IT?
Co-signing a loan is a favor you should think twice about
IS YOUR CELLPHONE FAIR GAME FOR THE POLICE?

Categories

Bankruptcy
Free, Friendly, Legal Advice
Social Security
Workers compensation
powered by

Website Builder provided by  Vistaprint