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Tag Archive for Bankruptcy Survival

Are You In It To Win It?

Fighting the Post-Bankruptcy Survival of Federal Tax Liens On Property That Is Excluded From The Bankruptcy Estate

The federal tax collection system is founded on the concept of voluntary compliance. The United States government expects taxpayers to compute and timely pay all taxes owed. Most taxpayers fulfill this obligation. However, a minority refuse to comply. Those falling within the latter category are subject to forced collection and various penalties. This article seeks to provide practitioners with an overview of the mechanics of the federal tax system’s forced collection scheme, with a special emphasis on post-bankruptcy survival of federal tax liens. Read more