Taxes and Bankruptcy

Yes, income taxes can be discharged through bankruptcy. No, not all taxes can be discharged. Yes, Bankruptcy and Tax Law are very complicated, especially when they have to be applied together. You can be assured that your brother-in-law’s experience with … Continue reading

Waiting out The IRS

There are statute of limitations that tie the hands of the IRS in seeking to assess and collect taxes. For example, the IRS can normally only assess additional tax within three years of the date a return is filed. In … Continue reading

Don’t Believe the IRS

Don’t believe the IRS in an audit situation. Recently, the Sixth Circuit Court of Appeals, in the case of Rutherford v. U.S, held that when an IRS Revenue Agent violated the IRS Manual and continued a civil tax audit well … Continue reading