10th Circuit Court of Appeals Rules Against Debtor in Tax Discharge Case

On December 29, 2014, the 10th Circuit Court of Appeals, in Mallo v. Internal Revenue Service (13-1464) ruled against the Debtors who were attempting to discharge income tax liability for tax returns that were late-filed.

The Mallo ruling further underscores the importance of filing income tax returns on time, even if the taxpayer cannot pay the tax due. If you have tax dischargeability questions, you are welcome to contact the attorneys at Goff & Goff to discuss your questions with us.

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