No, the IRS always gets its money.
NO
It depends on a number of circumstances; often it isn't possible to discharge back taxes in bankruptcy, but it is in some cases if the back taxes are over 3 years old.
Probably not. The IRS is getting out of sending paper tax returns to taxpayers. They want you to file electronically now. That is for everyone, though, it has nothing to do with whether you are in bankruptcy or not. NOW.... IF you are asking whether you will receive a tax REFUND while paying back taxes then the answer is a DEFINITE "N-O"! The IRS is not going to give you money while you still owe them money. They will "apply" any refunds/credit due you to whatever taxes you still owe.
Yes, as a general rule. Taxes of all kinds are not discharged by the bankruptcy process. That means, when it's all over with bankruptcy, you still owe taxes to the federal gorvernment, and any other government. In short, fiiling a petition in bankruptcy and a subsequent discharge will not get you out of paying taxes to the government. It's really easy to filing a petition in bankruptcy; it's very expensive not to do it right; the Bankruptcy Court is just not the same as your Magistrate's court, or the small-claim's court. It's very expensive to do it wrong and you cant do it but every so often (time limits: you just have to see the code. If you have a bankruptcy sitution you really need to see a lawyer who works with bankruptcy.
They should be paying the taxes they are due to pay and if they are not doing this then they will eventually be caught, the back taxes will be collected and they will be punished for not paying the taxes due.If you believe someone is committing a criminal offence you should report this to the police.
A bankruptcy is not discharged. Debts are discharged. Real estate taxes are a lien on the real estate and would not usually be discharged. Talk to your bankruptcy layer.
Yes, you can, and you may be able to discharge the taxes owed, if they are income taxes for returns filed more than three years prior to filing, unless there are more recent adjustments to the taxes owed.You can also file a Chapter 13 to arrange a payment plan for the taxes, though the IRS has become more amenable to reasonable payment plans without a bankruptcy filing.Consult an experienced bankruptcy lawyer in your area.
Paying taxes varies by your income bracket and the state that you live in. Any taxes that you do owe must be paid to avoid your wages being garnished and other harsh penalties.
Student loans are exempt from bankruptcy as are IRS debts
help paying property in ar
If you are owing taxes you must pay back, it is best to go to your local tax agency to ask for advice, it is the best route to take to pay taxes back.
Estates do not go bankrupt. The assets are inventoried and valued and the debts are listed. The executor proposes a settlement to the court. If it is accepted, the estate is closed.