Central District Consumer Bankruptcy Attorney's Association

Thanks Steve.
Kenneth Jay Schwartz, Esq.
LAW OFFICE OF KENNETH JAY SCHWARTZ
21031 Ventura Boulevard, Suite 640
Woodland Hills, California 91364-2226
Telephone: (818) 226-1205
Facsimile : (818) 226-1213
THE INFORMATION CONTAINED IN THIS E-MAIL IS INTENDED ONLY FOR THE PERSONAL AND
CONFIDENTIAL USE OF THE DESIGNATED RECIPIENT(S) NAMED ABOVE. THIS MESSAGE MAY
BE AN ATTORNEY-CLIENT COMMUNICATION, AND, AS SUCH, IS PRIVILEGED AND
CONFIDENTIAL. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT OR AN
AGENT RESPONSIBLE FOR DELIVERING IT TO THE DESIGNATED RECIPIENT, YOU ARE HEREBY
NOTIFIED THAT YOU HAVE RECEIVED THIS E-MAIL IN ERROR, AND THAT ANY REVIEW,DISSEMINATION, DISTRIBUTION OR COPYING OF THIS MESSAGE IS STRICTLY PROHIBITED.
IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY.
THANK YOU.
________________________________
To: cdcbaa@yahoogroups.com
Sent: Fri, November 2, 2012 2:17:40 PM
Subject: RE: [cdcbaa] 240 day rule and Tax dischargeability
New amount. The extra assessment does not taint the entire tax yearliability.
Steven B. Lever
From:cdcbaa@yahoogroups.com [mailto:cdcbaa@yahoogroups.com] On Behalf Of Kenneth
Schwartz
Sent: Friday, November 02, 2012 1:24 PM
To: cdcbaa@yahoogroups.com
Subject: [cdcbaa] 240 day rule and Tax dischargeability
If a tax liability otherwise meets the requisites for dischargeability, butthere is an assessment that adds to the liability, does the 240 day rule apply
only to the new amount or the full liability? [e.g, client owes $5,500 for 2008.
But for a proposed assessment for an additional $800, the $5,500 is
dischargeable now. So, if he files now (as opposed to waiting out the 240 days)
, is only the $800 nondischargeable, or is the whole debt nondischargeable?]
Thanks Steve. Kenneth Jay Schwartz, Esq.LAW OFFICE OF KENNETH JAY SCHWARTZ21031 Ventura Boulevard, Suite 640Woodland Hills, California 91364-2226Telephone: (818) 226-1205Facsimile : (818) 226-1213THE INFORMATION CONTAINED IN THIS E-MAIL IS INTENDED ONLY FOR THE PERSONAL AND CONFIDENTIAL USE OF THE DESIGNATED RECIPIENT(S) NAMED ABOVE. THIS MESSAGE MAY BE AN ATTORNEY-CLIENT COMMUNICATION, AND, AS SUCH, IS PRIVILEGED AND CONFIDENTIAL. IF THE READER OF THIS MESSAGE IS NOT THE INTENDED RECIPIENT OR AN AGENT RESPONSIBLE FOR DELIVERING IT TO THE DESIGNATED RECIPIENT, YOU ARE HEREBY NOTIFIED THAT YOU HAVE RECEIVED THIS E-MAIL IN ERROR, AND THAT ANY REVIEW, DISSEMINATION, DISTRIBUTION OR COPYING OF THIS MESSAGE IS
STRICTLY PROHIBITED. IF YOU HAVE RECEIVED THIS COMMUNICATION IN ERROR, PLEASE NOTIFY US IMMEDIATELY. THANK YOU.From: Steven B. Lever <sblever@leverlaw.com>To: cdcbaa@yahoogroups.comSent: Fri, November 2, 2012 2:17:40 PMSubject: RE: [cdcbaa] 240 day rule and Tax dischargeability


The post was migrated from Yahoo.

New amount. The extra assessment does not taint the entire tax year's
liability.
Steven B. Lever

The post was migrated from Yahoo.

If a tax liability otherwise meets the requisites for dischargeability, but there is an assessment that adds to the liability, does the 240 day rule apply only to the new amount or the full liability? [e.g, client owes $5,500 for 2008. But for a proposed assessment for an additional $800, the $5,500 is dischargeable now. So, if he files now (as opposed to waiting out the 240 days) , is only the $800 nondischargeable, or is the whole debt nondischargeable?]

The post was migrated from Yahoo.