Tax Dischargeability for late filed return
Posted: Fri Oct 12, 2012 12:55 pm
Don't quote me on this because I am not a tax expert - I think the IRS agent is saying Nov 16, 2012 because that would be three years from filing of the tax return. There is a 3 year statute of limitations in which the IRS can assess taxes (unless there is fraud or no return filed). If the tax is still assessable at time of filing the BK it is not dischargeable. This is a separate and distinct rule from those listed below (according to my NACBA conference materials).
Shannon A. Doyle
Attorney at Law
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West Covina, CA 91791-1600
Tel: (626) 646-2555
Fax: (626) 332-8644
www.blclaw.com
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