Call Us Now

Clickdesk Code

Tag Archives: irs

Chapter 13 and Old Tax Debt

Do you have outstanding tax debt that has not been paid to the IRS? Bankruptcy can help you deal with IRS tax debt in a manageable method. Last week, we explored dealing with recent tax debt in bankruptcy (  Today, we can take a look at how to deal with old tax debt that is Continue Reading

Do You Need to Pay Income Tax on Debts Discharged in Bankruptcy?

Clients have asked us about the affects of discharging debts on income tax. This is a great question to ask because in some similar situations, when debt is forgiven, it can be seen as a type of income which can become taxable. In some real estate situations, if a bank discharges your debt on a Continue Reading

Call Now Button