Our Videos

FAQ / What if I file for bankruptcy protection?


Debts discharged through bankruptcy are not considered taxable income. If you are an individual debtor who files for bankruptcy under chapter 7 or 11 of the Bankruptcy Code, a separate “estate” is created consisting of property that belonged to you before the filing date. This bankruptcy estate is a new taxable entity, completely separate from you as an individual taxpayer. Please note, however, that some tax debts are not dischargeable in a bankruptcy action. For more information, see Publication 908, Bankruptcy Tax Guide.

 




Testimonials

John Beacleay

Just wanted to say thanks again for all your help Anton. I mean it's really amazing to me that yo...
Read More »
Niranjan Sujay
I recently used LOGOS INTERNATIONAL for the translation of my bachelor’s certificate, and I couldn’t...
Read More »
Katia Nagata

As a foreigner, I needed a certified translation, so I called the DOE to give me a list of the ce...
Read More »
AnnaMaria Realbuto
Thank you for all your assistance and efficiency...
Read More »




FAQ

What is the Bureau of International Labor Affairs?
Read More »
What documents can an F-1 student with automatic employment authorization under the cap-gap provision show his or her employer when completing the Form I-9?
Read More »
What is the percentage interest in the partnership that should be reported on Form 1065 Schedule B question 3a and 3b under the following facts?
Read More »
In each of the following cases, what is the percentage interest in the partnership that should be reported on Form 1065 Schedule B question 3b?
Read More »






News

June 11, 26
American race car driver Kyle Busch had pneumonia for weeks before passing – death certificate
Read More »
May 21, 26
British widow stuck in legal limbo due to outsourcing company’s processing of husband’s death certificate
Read More »
May 15, 26
2 Texas teens develop AI tool to translate sign language
Read More »
May 14, 26
Algeria set to join Apostille Convention
Read More »