Parent company Liberated Brands blamed fast fashion and e-commerce moving too quickly to sustain its outdated ...

A taxpayer’s post-assessment, late-filed return was not a “return” for dischargeability under 11 U.S.C. § 523(a)(1)(B)(i), a bankruptcy court held, granting summary judgment for the IRS. Taxpayer, an ...

After more than 30 years in business, a popular Wilmington restaurant closed suddenly following a Chapter 7 bankruptcy.

That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve their outstanding tax debt, and knowing what these options are — as well as ...

Debtors were denied a discharge when they could not adequately explain or provide sufficient documents for a complex asset ...

Half a dozen cash-strapped local authorities will be allowed to raise council tax by more than 5% this year in a bid to stave ...

Unpaid tax debt can feel like an invisible burden, growing heavier with each passing day. Understanding the IRS's collection ...

Government of India has not conducted an assessment of the impact of the Insolvency and Bankruptcy Code (IBC) on tax revenue loss. Under Section 53 of the IBC, government dues, including indirect ...

Six councils have been granted permission to impose inflation-busting tax increases, but many residents could already be ...

Bankruptcy fraudsters too often escape capture because bankruptcy administrators do not have the financial resources to ...

The Government then has the power to intervene in how the town hall is run. This does not happen automatically, however most ...