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March 2014 - DelCotto Law Group

What About Tax Liens?

March 20, 2014
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Filing Chapter 7 bankruptcy may wipe out certain tax liabilities (not all of them) but even so, tax liens that were already filed continue to survive the bankruptcy discharge.  The tax lien continues to attach to all the assets that you owned at the time you filed.  It […]

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SCOTUS Speaks.

March 13, 2014
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As usual, when the Supreme Court rules on a bankruptcy matter, there are always nuggets of insight that goes beyond the exact issue being decided. In Law v Siegel, decided on March 4, 2014, the Court issued a unanimous decision, which in and of itself has become something […]

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Options for Dealing with Your Company’s Tax Debt

March 6, 2014
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With the current state of the economy, many business owners are facing declining revenues and as a result are falling behind on withholding and other tax payments.  If your business is dealing with tax debt, it is important to be proactive.  Taxing authorities can file liens and levy […]

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