Bowie, MD Tax Debt Relief Attorney

Respected Lawyer Addressing Tax Obligations in Bowie, Maryland Bankruptcy Cases

When you are struggling to make ends meet, you sometimes have to prioritize your spending. If you must make the choice between feeding your children and paying taxes, the tax man may not receive what is owed. Various types of tax debt can incur penalties and interest. The longer you go without paying those balances, the more these debts increase, creating a snowball effect of insurmountable payments. Filing for bankruptcy may be your best option to deal with various types of debt, but it is important to understand whether your tax debts can be discharged and how they will be handled.

When you partner with Bloc One Services, LLC, our knowledgeable lawyer knows the criteria for tax debt discharges. Attorney Hope Blocton will work with you to develop the most effective strategy for dealing with your debts, ensuring that you fully understand all the options so you can make informed decisions. We understand how stressful financial strain can be, so we always provide high-quality legal services without charging you an arm and a leg. We will also support you as you begin your journey toward rebuilding your future with Hope.

When Tax Debts Could Be Dischargeable Through Bankruptcy

Not all tax debts are eligible to be included in a bankruptcy filing due to concerns about tax evasion and fraud. Income taxes that were due recently—generally in the past three years—cannot be discharged through bankruptcy. The penalties and interest that accrued are also often ineligible for discharge.

Some income taxes, including both state or federal taxes, could be included in your bankruptcy case. If you have past-due property taxes, but a lien has not yet been placed on your property, those taxes may also be eligible for discharge.

If you are unsure about whether your tax debt can be included if you choose to file for bankruptcy, contact our office. We are happy to answer questions based on the specifics of your situation.

Addressing Income Tax Debt in Bankruptcy

Only certain income tax obligations can be included in Chapter 7 and Chapter 13 bankruptcy filings. To qualify:

• Tax evasion or fraud cannot be associated with your delinquent taxes.
• You must have filed the appropriate tax returns for the previous four years before you filed for bankruptcy.
• The tax debt must be based on a tax return with a due date at least three years before the date you file for bankruptcy.
• The most recent IRS tax assessment must have taken place within 240 days before you file for Chapter 7 or Chapter 13 bankruptcy.

Your returns do not have to have been filed on time to qualify, but the other requirements must be met. Our attorney can review your tax returns and filing history to help you determine whether your tax debts are eligible for discharge, and we will work with you to make sure you take the correct steps to receive relief.

Maryland Property Taxes and Bankruptcy

Owning a home or other real estate means you have to pay property taxes, and it is all too easy to fall behind on these obligations. As long as there is no property tax lien, you may be able to receive relief from older delinquent property taxes when you file for bankruptcy. If there is already a lien, we can help you decide how to proceed.

Call Our Bowie Bankruptcy and Tax Debt Lawyer

If you are looking to address your tax debts by filing for bankruptcy, you need a skilled attorney whose counsel you can trust. Call Bloc One Services, LLC at 240-200-0076 or contact us online now. We offer complimentary initial consultations and reasonable fees to our clients in Washington D.C. and the communities in and around Charles, Prince George's, and Montgomery Counties.