Mission Valley Bankruptcy Litigation
San Diego Bankruptcy and Income Tax Relief Lawyer
Although federal or state income tax debt can present special difficulties for bankruptcies, attorney Chris Bush helps his clients understand their specific options. Some tax debts cannot be discharged, and some or all of this category of debt will need to be paid after the bankruptcy has concluded. Read more about this in Non-Dischargeable Debts in Chapter 7. Since this type of debt can be problematic in a bankruptcy case, it's important to obtain guidance from an experienced bankruptcy attorney. If federal or California income tax debt worries are weighing heavily on you, your family or your business, contact Chris Bush to learn about your options. He can devise a strategy to help you achieve the highest level of income tax debt relief possible through bankruptcy.
The most common type of bankruptcy for individuals is a Chapter 13. If you're planning on filing for Chapter 13 Bankruptcy you should remember the following:
- You must file all required tax returns for tax periods ending within four years of your bankruptcy filing.
- During your bankruptcy you must continue to file, or get an extension of time to file, all required returns.
- During your bankruptcy case you should pay all current taxes as they come due.
- Failure to file returns and/or pay current taxes during your bankruptcy may result in your case being dismissed.
Read more about IRS rules related to Income Tax Debt and Bankruptcy.