Paying Taxes to the IRS Prior to Filing Bankruptcy

Published Categorized as Articles, Houston, Tax

if a taxpayer owes taxes to the IRS and other debts that might push them toward bankruptcy, is it beneficial to pay the IRS first? What if the taxes are not dischargeable in bankruptcy given the various timing rules? Would this change the answer? For individuals, the bankruptcy process involves the appointment of a trustee.… Continue reading Paying Taxes to the IRS Prior to Filing Bankruptcy

The post Paying Taxes to the IRS Prior to Filing Bankruptcy appeared first on Houston Tax Attorneys | Mitchell Tax Law.

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