Bankruptcy Tax
Our firm also has extensive experience in handling numerous tax matters related to bankruptcy and insolvency including:
- Advising clients, attorneys and other professionals regarding the dischargeability of all types of taxes in bankruptcy proceedings, including
- Federal and state income taxes, sales and use taxes, employment taxes, excise taxes, and other liabilities arising under federal and state tax laws
- Advising clients on the tax effects of settlements with creditors, foreclosures, and the discharge of debts in bankruptcy
- Advising clients regarding the use of the bankruptcy laws to repay tax debt or to resolve disputes relative to tax liabilities asserted by
- the federal or state tax authorities
- Representing parties as tax counsel in bankruptcy and insolvency proceeding including,
- the representation of bankruptcy debtors, bankruptcy trustees, creditors, shareholders and partners of entities in bankruptcy, receivers, and fiduciaries in assignments for the benefit of creditors
- Litigating tax matters in bankruptcy, including:
- Objections to claims
- Suits to determine whether tax debts are dischargeable, and
- Suits to determine tax liabilities under section 505 of the Bankruptcy Code