CHAPTER 13 BANKRUPTCY
FAMILY OWNED TAX DEBT SETTLEMENT BUSINESS SINCE 1977!
Chapter 13 bankruptcies treat tax debts the same as a chapter 7 except there is a payment plan to repay some of the debt. Employee ayroll taxes are not dischargeable in a chapter 13 bankruptcy. The following rules apply to discharge taxes in a chapter 13 bankruptcy:
- It must be at least three years from the due date to file the return including extensions.
- The tax from the return must have been assessed at least two years ago.
- Any additional assessments after filing the return must have occurred at least 240 days ago.
- Tax return was not fraudulently filed.
After we have determined that your taxes are dischargeable in a chapter 13 bankruptcy we will refer you to an attorney who specializes in tax bankruptcy so that you can properly compare the pros and cons of each settlement option.
IRS Relief is only a phone call away! Call and talk personally with Scott at 480-926-9300!