Massachusetts Tax Resolutions Attorney Helping Clients Deal With Unpaid Taxes
If you are struggling financially, you may find it impossible to pay your taxes. Failing to pay your taxes can lead to serious penalties, which is why it’s so important to act quickly by contacting a tax resolutions attorney in Plymouth as soon as possible.
Benner Law has helped clients seek financial relief for unpaid taxes for decades. We know what it takes to reach the best possible outcome in your case. Let us review your case and help you secure your financial future today. Call 774-404-8321 now to set up a free strategy session.
Will Your Tax Debts Be Discharged During Bankruptcy?
The rules regarding the discharge of tax debts in bankruptcy proceedings are complex. Most tax debts are not dischargeable, which means you will still have to pay them even after you have filed for bankruptcy. If you file for Chapter 7 bankruptcy, your income tax debt may be discharged. However, certain conditions must be met, including:
- You must have filed tax returns for the last two years, unless you were not required to file returns during this time.
- The income tax debt must be at least three years old or it is not dischargeable.
- The IRS must have assessed the tax debt within the last 8 months.
If you meet these conditions, your income tax debt may be discharged at the end of your Chapter 7 bankruptcy proceeding. However, it’s important to note that even if your debt is discharged, this does not mean that a tax lien will automatically be released. If the IRS has filed a tax lien, this may remain on your property even after your bankruptcy case has been closed and your debts have been dismissed.
How Can You Resolve Unpaid Taxes Without Filing For Bankruptcy?
Filing for bankruptcy is not the only way to deal with your unpaid taxes. Benner Law can help you explore all of your legal options, including:
- Setting up a payment plan with the IRS
- Negotiating an offer in compromise with the IRS
It’s in your best interest to discuss your situation with attorney Tom Benner so you can ensure that you choose the option that is right for you. Once we settle on a solution, we will guide you through the process of dealing with your unpaid tax debt so you can wipe your financial slate clean.
Set Up A No-Cost Strategy Session With a Tax Resolution Lawyer
Do you have tax debt? It may seem like you will never find a way to pay this debt, but that’s not the case. Benner Law can help you find the right solution to your tax debt problems. For decades, we have represented clients in Plymouth and helped them find effective resolutions to their tax issues. You are more than just a client to us–we care about your financial future. Call 774-404-8321 or submit your information using the form on this website to get started today.