By Cathy Moran, Esq. (Redwood City, CA)
Bankruptcy lawyers are accustomed to evaluating the dischargeability of taxes when deciding when to file a client's bankruptcy case.
But as we approach the end of the tax year, a client’s current year tax situation becomes another moving part in the “when do we file” analysis.
In the simplest situation, the client owes no back taxes and is appropriately withheld for the current year. No issue.
But suppose the situation is not so simple. Several fact patterns cry out for careful timing of . . .
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