Question Not Found Here?

Questions not answered in our FAQ section may be addressed through our contact form. Additionally, our Tools and Information page is a valuable source of information on topics that might be of interest.


  

TIP #2

Discharge of Tax Debt Through Bankruptcy

Always a last resort, it may be possible to discharge your tax debt if you are in bad financial straights. Tax liabilities must meet a certain criteria to be discharged in bankruptcy. These include:

  1. the return not being fraudulent
  2. the taxpayer not guilty of tax evasion
  3. that the age of the tax liability is at least three years old.

There are also requirements on taxes being filed on time and paid prior to the liability becoming delinquent.
src: http://www.debt-free-destiny.com