There is a lot of confusion out there regarding Taxes and Bankruptcy. Many people, even trained professionals, believe income taxes can never be discharged in bankruptcy - but they're wrong.The fact is that certain income taxes are in fact dischargeable in bankruptcy....
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Recent Posts
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Taxable valuations of property art as much as science
On behalf of Mockensturm Limited | Jun 19, 2015 | Property Taxes
Property tax valuation can be a contentious issue between taxing authorities and land owners. In some areas, such as tract residential housing, determining comparables and assessing value may be relatively straightforward, as there may exist thousands of identical or...
Taxes and the certainty of change
On behalf of Mockensturm Limited | Jun 5, 2015 | Uncategorized
The Ohio legislature is still at work on the state's tax laws and it is unclear what the final result will be, given the competing options percolating in Columbus. The Senate is working on a proposed cut of $500 million more than the House proposed. And the House tax...