Galveston IRS Tax Debt Attorney

For some individuals, tax debt is the leading source of their financial problems. This type of debt can feel particularly stressful knowing the government is the debtor. The good news is, you may be able to discharge some or all of your tax debt through bankruptcy. But laws surrounding taxes and bankruptcy are complex, so it is essential to consult with an experienced attorney for advice on your specific circumstances.

When you work with Gipson, Norman & Root, you will be advised by a bankruptcy lawyer with more than 30 years of legal experience. We understand that unmanageable debt takes a toll on your mental health, your relationships and your life. We are here to address all your concerns, and help you find the best possible option to obtain a clean financial slate.

Is Tax Debt Dischargeable?

Not all types of tax debt are dischargeable in bankruptcy, and eligible debt must meet strict criteria. For example, Texas state sales taxes and 941 (employer withholding) taxes are nondischargeable.

Generally speaking, eligible debt must meet four requirements in order to be considered for discharge:

  • The taxes must have been due three or more years ago
  • The tax returns must have been filed more than two years prior to the bankruptcy filing date
  • Your bankruptcy must be filed more than 240 days after the tax assessment was made
  • No fraudulent activity may have taken place to avoid paying the taxes

Contact Our Pearland, Texas, Income Tax Bankruptcy Lawyer

Once your tax debt is discharged, the corresponding penalties and interest are also discharged. However, in some cases it may only be possible to discharge the penalties and interest, but not the actual taxes themselves.

Each case is different, so in order to fully understand your rights in taxes and bankruptcy, we invite you to contact our office at 281-823-7016 or 888-512-6044. All prospective clients receive a free 30-minute consultation with our Galveston IRS tax debt lawyer.

Gipson, Norman & Root is a debt relief agency. We help people file for bankruptcy under the Bankruptcy Code.