By they, I don't refer to the poor, the tired, the huddled masses. I refer to the rock gods fleeing oppressive British levies to kinder-taxing shores.
Play Revolver and Liverpudlian George laments upon the British Taxman:
Should you drive a car, he'll tax the street,
Should you take a walk, he'll tax your feet.*
And when you die, declare the pennies on your eyes!
The point is: as much as we grumble Stateside, it could be worse! And the debtors shall surprisingly find: bankruptcy can make it better. You CAN get rid of some (not all) income taxes through chapter 7 or chapter 13 bankruptcy. Clients with tax debt come certain of permanent tax liability; as certain they are of death. Upon hearing of unexpected relief, one might question prior assumptions and wonder: does the grim reaper ever really show?
How does bankruptcy redress tax dues? One finds facile instruction on the World Wide Web of Bankruptcy Searches. Dem Internets mislead. Perhaps it's purposeful: bankruptcy income-tax rules must be plucked from different sources (11 USC §§ 507 AND 523); consolidation of sections might have caused undue clarity. The discharge (cancellation) of income tax merits transcript-review, and may beg calls to the Taxman, him- or her-self. If saddled with taxes, the best best is skip the search; ask your San Diego bankruptcy attorney, if, when and how taxes can be ridden: let me tell you how it will be.
San Diego Bankruptcy Attorney, Asaph Abrams. Offering free, no-obligation chapter 7 bankruptcy and chapter 13 bankruptcy consultations in San Diego. Visit us at http://www.bankonitsd.com/ or call 858-344-0500. E-mail admin@abramslawsd.com to set an appointment. Also representing Imperial County residents. The above is not legal advice and does not address all exceptions, which may be applicable to your case. This discussion relates to INCOME taxes only. While bankruptcy may redress tax woes, it remains incumbent upon the good-faith debtor to fulfill her tax obligations.
__________________________
*We recommend San Diego's famous red trolleys: no driving, no walking. OK: but only a little walking. Take the San Diego trolley downtown to your Padres, or your bankruptcy meeting of creditors. While both events may equate to viewership of paint that dries, at least one's permitted dogs and beer at the former.
*We recommend San Diego's famous red trolleys: no driving, no walking. OK: but only a little walking. Take the San Diego trolley downtown to your Padres, or your bankruptcy meeting of creditors. While both events may equate to viewership of paint that dries, at least one's permitted dogs and beer at the former.
Posts
No comments:
Post a Comment