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Tax Debt
It is
nearly impossible to get rid of income taxes unless you die or in some
cases, file a bankruptcy. Most people don’t realize that we can
get rid of a lot of income taxes through a Chapter 7 bankruptcy or get
you into a fixed monthly payment for your tax debt in a Chapter 13
bankruptcy.
Personal income taxes
may be dischargeable if they are:
-
At
least three years old;
You
filed the tax returns for the years that you owe at least two years
prior to filing bankruptcy;
The
taxes were assessed at least 240 days prior to filing
- And -
- There are no events that tolled
the time periods above (tolling events can include an offer in
compromise, incarceration, etc.)
Prior
to coming into our office, you may wish to obtain a copy of your tax transcript
for the year(s) in question from the Internal Revenue Service (IRS) showing your tax history. Visit
the IRS’ website at
http://www.irs.gov/individuals and search tax transcript or call the
IRS at 800-829-1040.
Set up
your FREE appointment today by calling: 619-574-0551 to meet with an attorney in our office to
determine if your tax debt can be reduced or completely eliminated through
bankruptcy. |
