Discharging Personal Income Taxes in Bankruptcy: An Overview

Posted by July 14, 2015

The Internal Revenue Service (“IRS”) is the 100 pound gorilla in the room when it comes to filing for bankruptcy, because with limited exceptions income tax debts are not dischargeable in bankruptcy. The purpose of this post is to review the limited exceptions that enable individuals to discharge federal and state income taxes in Chapter 7, Cha ... Read More.

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