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Bankruptcy

: Bankruptcy Law Network

Payroll taxes: the ?loan? that lives forever

By Cathy Moran, California Bankruptcy Lawyer

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My client’s business corporation is long dead and he’s back to working for others.  But six quarters of unpaid corporate payroll taxes  not only become his  personal debt, but a  tax that is never dischargeable in bankruptcy and a priority claim which must be paid in his Chapter 13 case. It is so tempting for the [...]

Full post as published by Bankruptcy Law Network on June 23, 2009 (boomark / email).

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