Does Bankruptcy Clear Tax Debt? A 2025 Guide for U.S. Taxpayers
Does bankruptcy clear tax debt? The short answer in 2025 is yes — but only for certain older income tax debts that meet strict IRS and bankruptcy code requirements. Recent inflation adjustments effective April 1, 2025 raised filing thresholds by about 13.2%, giving more Americans access to relief while the core rules for discharging tax … Read more