TITLE

The Point of No Returns

AUTHOR(S)
LOMAS, ERIC W.
PUB. DATE
June 2013
SOURCE
ABI Journal;Jun2013, Vol. 32 Issue 5, p37
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the provisions over the compliance among taxpayers on the system of self-assessment under the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005. It notes that if debtors file their tax returns after the due date, the absence of a specific harbor provision, the late filing could not qualify as a return for dischargeability purposes. It refers to the use of the four-prong Beard test among bankruptcy courts where such filing could qualify as a return.
ACCESSION #
88012886

 

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