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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 and 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:
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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 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. |