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Personal income tax debts are treated different after October 2022

Published October 24, 2022 by Sasser Law Firm
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Although the general deadline for filing tax returns is April 15 of each year, many taxpayers choose to extend until October 15, 2022. October 15 has recently passed and for that reason, a debtor who did extend to file 2018...

Bankruptcy Exception to Paying Income Taxes on Cancelled or Forgiven Debt

Published March 26, 2014 by Sasser Law Firm

When it comes to overwhelming debt, there are options to consider and bankruptcy is just one of those choices. A consultation with a bankruptcy lawyer should not feel like asking a barber whether or not you need a haircut. Depending...

Income Taxes for 2009

Published May 9, 2013 by Sasser Law Firm

After April 15, 2013, debtors owing income tax obligations for tax year 2009 may be subject to discharge and/or be non-priority obligations as long as (1) the tax return was filed more than 2 years prior to the bankruptcy filing,...

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