District Court Examines Bankruptcy Discharge Timing Rule For Tax Pen...

01/26/16


Forbes

District Court Examines Bankruptcy Discharge Timing Rule For Tax Penalties
Forbes
In 2012, the taxpayer filed for Chapter 7 bankruptcy. The trustee used estate funds to satisfy the non-dischargeable 2008 income tax liability, but there were not enough funds to pay the failure-to-file or failure-to-pay penalties. The IRS later ...

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