The Bruins are off to a 4-4 start this season. This puts them in the middle of the pack in the standings in a tough Atlantic Division led by the undefeated Montreal Canadiens.But it isn't only NHL hockey rinks where the Bruins are in action. They are also competing in...
Month: October 2016
Timing and discharge of tax debts in bankruptcy
Of all the debts that can be discharged in bankruptcy, past due federal taxes might be subject to the most complicated timing rules. There are generally no exceptions, so get a date wrong and you might not receive a discharge.We’ll discuss one case that...
Nelly’s tax troubles may soon include seized ticket sales
We don’t often write about celebrity tax problems in this blog. And while you may not owe $2.5 million in back taxes, this story does illustrate the tools the IRS has at its disposal to collect.In August, the IRS filed a $2.4 million tax lien against the rap...
Expanded streamlined processing for installment agreements
Installment agreements are available in most cases when you owe taxes to the IRS. This can allow you to make manageable monthly payments and avoid collection actions like wage garnishment or a levy of your bank account.The IRS announced last week that it will be...