FLORIDA BUSINESS AND CONSUMER BANKRUPTCY LAWYER
Seek an Attorney’s Advice About Dischargeable Taxes
A common misconception many people have is that taxes are not dischargeable in bankruptcy. This is only partly true. There are certain tax debts that are dischargeable in bankruptcy, and some that are not. And even in cases where you are unable to discharge a tax debt in bankruptcy, you will be able to propose a payment plan that extends the repayment period up to five years.
I am William Strawcutter, an Orlando lawyer helping individuals and small businesses in Florida discharge tax debts by filing bankruptcy. I offer a free initial consultation to discuss your tax situation in my Orlando office or in any of my meeting locations in Winter Park, Lake Mary and Sand Lake areas. I can help you determine which taxes are dischargeable and which may be resolved through negotiations with the IRS.
When Are Tax Debts Dischargeable in Bankruptcy?
If you have personal income tax debts that are more than three years old, provided that you filed income tax returns for those years, you can generally eliminate those tax debts by filing bankruptcy. If you did not, you first need to file income tax returns before you can seek a discharge by filing bankruptcy.
In general, the rules about the dischargeability of tax debts in Chapter 13 bankruptcy are more liberal than in Chapter 7 bankruptcy. However, determining which tax debts are dischargeable is a complicated matter. You will be better off discussing your situation with an experienced bankruptcy lawyer rather than trying to navigate the confusing laws yourself.
Free Consultation With a Bankruptcy Attorney
To discuss your tax debts and other financial issues with an experienced bankruptcy lawyer, call (407) 268-6844 or fill out the contact form on this Web site to schedule your free initial consultation. My office is conveniently located near downtown Orlando and is accessible via I-4. I also have meeting locations in Winter Park, Lake Mary and Sand Lake areas.