Taxes
Bankruptcy Exception to Paying Income Taxes on Cancelled or Forgiven Debt
When it comes to overwhelming debt, there are options to consider and bankruptcy is just one of those choices. A consultation with a bankruptcy lawyer should not feel like asking a barber whether or not you need a haircut. Depending...
Income Taxes for 2009
After April 15, 2013, debtors owing income tax obligations for tax year 2009 may be subject to discharge and/or be non-priority obligations as long as (1) the tax return was filed more than 2 years prior to the bankruptcy filing,...
