Category Archives: Tax Bankruptcy

Forgiveness of Tax Debt In Bankruptcy

Forgiveness of Tax Debt In Bankruptcy
by: Jonathan Goldsmith Cohen
Be sure to visit our Google Plus Page.

Did you know that back taxes can be forgiven in a bankruptcy filing? It is absolutely terrific when you can qualify for forgiveness of IRS debt.

We do the analysis to determine whether or not your taxes can be discharged in bankruptcy. If they can be discharged, taxes are completely forgiven in a Chapter 7 Bankruptcy or paid back in part based on your income and assets in a Chapter 13 Bankruptcy. Continue reading