IRS Trick I’d Never Seen Before

The third amended IRS claim in my client’s case added entries for an excise tax for 2015 and 2016. Excise tax?  New one on me where the debtor was a general contractor. I called the IRS agent on the POC for some hints as to what the tax was all about .  I needed to […]

The Smart Way To Cut The IRS Out

Like so much in life, it’s all about timing I revisited an older post here about delaying the filing of a bankruptcy til the New Year when the debtor expects to owe taxes in April. A Chapter 13 filed in January can include and pay the taxes associated with the tax year ending in December. […]

Tax Audit Aftermath-Did You Tell The State?

One of the bedrock pieces of the discharge of taxes in in bankruptcy is the requirement to have filed a return. No return, no discharge of that year’s taxes. But it gets more nuanced:  in California when the feds audit the debtor and change any of the elemental figures in a filed return return, the taxpayer […]