Utah Bankruptcy & Tax Refunds

Some come to see their income tax refunds as a type of yearly bonus.  In reality these refunds are usually caused by having paid too much in taxes during the past year

Are bankruptcy fees tax deductible?

Bankruptcy discharge paperwork

Are bankruptcy cost and fees considered tax deductible? When looking at that kind of tax deductions that are available when you are in bankruptcy you first need to understand that there are difference depending on the kind of bankruptcy case you filed be it Chapter 7 or Chapter 13.

Income Tax Refunds and Utah Bankruptcy

Some people come to see their income tax refunds as a yearly bonus. In reality these refunds are usually caused by a taxpayer having paid too much in taxes during the past year. Sometimes people have even come to rely upon these refunds for planned yearly spending to catch up on bills, go on vacation,… Continue reading Income Tax Refunds and Utah Bankruptcy