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One Certainty in Life: Taxes

| Feb 8, 2012 | Chapter 13 Bankruptcy, Chapter 7 |

It’s that time of year again! Your W-2s and 1099 forms have been sent out and have likely hit your mailbox or e-mail inbox recently. While preparing your taxes is no fun, especially if you think you are going to owe Uncle Sam this year, it is a good idea to get them filed before you file for bankruptcy. Why? You are required to turn over tax returns for your case to be prepared and for the trustee to review. If you drag your feet in getting them filed, you may just delay your case moving forward. In addition, you may be putting your tax refunds at risk of having to be turned over to the case trustee if you receive them after you file. If you are planning on filing bankruptcy soon and have questions about the timing of filing your taxes, please contact our office to schedule a free consultation, and we can help you make that decision. To best serve residents of Milwaukee, Ozaukee, Washington, Racine, Kenosha, and Walworth counties, we have conveniently located offices in downtown Milwaukee and Kenosha. We are here to help!

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