Discharging Taxes

>Discharging Taxes

Discharging Taxes in Bankruptcy in Massachusetts

2018-05-13T15:08:50+00:00

Bankruptcy can be quite complicated. In a nutshell, bankruptcy is a process wherein those with debt problems can discharge such debt, meaning that it is forgiven and the debtor does not owe any money to the government. Things can get a bit more complicated regarding bankruptcy in Massachusetts when considering what taxes can and cannot be discharged. Generally, there are several kinds of taxes that can be discharged, including income taxes, property taxes, sales and use taxes, and excise taxes. Here is an overview of these taxes, whether they can be discharged, and the parameters of the discharges. First, there are [...]

Discharging Taxes in Bankruptcy in Massachusetts 2018-05-13T15:08:50+00:00

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