Tax Discharge

Dealing with Taxing Authorities in Bankruptcy – Bankruptcy/Tax Discharges in New York

Our Firm does a lot of filings for individuals with tax debt owed to the IRS and NYS for both old and recent income tax debt. We have authored an Article in the ABI Journal on this topic and have lectured other attorneys in this topic as part of our speaking in front of the New York County Consumer Bankruptcy Committee.

As both an Attorney/CPA with an LLM in Taxation, we have studied this topic and worked with numerous consumers over the last 14 years to help them discharge their income tax obligations for old tax debt.

As part of the process we do the following:

  • Order and review of IRS transcripts to test the 3 year, 2 year and 240 day rules;
  • File Chapter 7 Case;
  • File Adversary case if needed;
  • Settle Adversary case.

Since our firm also deals with the taxing authorities outside of bankruptcy we can also analyze and go over the following alternatives, which we also offer to consumers in New York:

  • IRS Offer in Compromise;
  • IRS Tax Court Filing;
  • IRS Installment Agreement;
  • NYS Installment Agreement;
  • IRS Collection Appeal;
  • IRS Lien Appeal;
  • Innocent Spouse Application.

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