Jump to Navigation
When you've done all you can you may be able to get A Fresh Start

Can I get debt relief from my taxes?

Tax season is not always a pleasant time of year. While some Florida residents are expecting to receive a nice refund, you might be struggling with the reality that you are still not quite caught up on the taxes that you already owe. While it might seem impossible, tax debt relief is possible. Here is what you need to know.

Not all types of tax debt can be discharged during bankruptcy. Chapter 13 bankruptcy generally gives you the option to discharge more tax debts than Chapter 7. It is also important to remember that there are many different types of taxes, including federal, state, property, sales and more. However, whether you are filing Chapter 7 or Chapter 13, you can usually discharge tax debts if you meet the following standards:

  • Your back taxes are at least three years overdue.
  • You filed the returns for the debt two or more years ago.
  • The assessment for those taxes happened at least 240 days before filing.
  • You did not commit tax evasion or fraud.

Even if your debt meets all of these standards, there is still a possibility that you will not be able to discharge all of your tax debts. If that is the case, you can potentially create a tax payment plan instead. This would give you the opportunity to repay your taxes, but at a lower interest rate than you would otherwise be charged. In some cases, an experienced attorney can even help you reduce penalties from the IRS.

Carrying tax debt can be extremely difficult. In some cases, the IRS might even bring foreclosure action as an effort to collect back taxes. Instead of walking around plagued constant fear and uncertainty, you can take action to seek tax debt relief. We are proud of the guidance we have provided to countless Florida residents in similar situations.

No Comments

Leave a comment
Comment Information
Do You Have A Case?

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.

A Member of the FindLaw Network
Paul Urich
Orlando Office

Law Office of Paul L. Urich, P.A.
1510 East Colonial Drive
Suite 204
Orlando, FL 32803
Phone: 407-982-3763
Fax: 407-896-3041

Get directions