New Bankruptcy Law Requires Filing Back Taxes

IRS Announcement: "The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA), which was effective October 17, adds new tax responsibilities for bankruptcy filers. Under the new law, debtors must not only comply with filing their returns but also provide copies of the tax returns or risk dismissal or conversion of their case. Also under BAPCPA, in order to have their plan confirmed, Chapter 13 debtors must file all tax returns for the four-year period before the bankruptcy petition. Fact Sheet 2005-18 provides more on this topic."
Additional Information:

• Bankruptcy & Taxes: Discharging Tax Debts in Bankruptcy
• Back Taxes: Essential Information for Filing Late Tax Returns