2021 – 08/19 The IRS has updated a page on its website that discusses what an individual taxpayer needs to know about taxes and bankruptcy. For example, the IRS tells individuals that before filing a bankruptcy petition under Chapter 13 they should file all required tax returns for tax periods ending within four years before filing the petition. In addition, after filing their bankruptcy petition, while their bankruptcy is pending, they must continue to file all required returns by the due date (including extensions) and to pay all current taxes as they come due. To learn more:
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