tax debt

Income taxes can be discharged in bankruptcy

01/24/13

IRS LogoAhh, the New Year is always such a special time.  No, not because of The Super Bowl – because it’s tax season!  So, tax season is a good time to review the dischargeability of income taxes in bankruptcy.

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Can I File A Chapter 7 Bankruptcy For My Small Business Only?

12/01/12

The Small Business Entrepreneur:  He employes half of all private sector employees, pays 44 percent of total U.S. private payroll, and has generated 65 percent of net new jobs over the past 17 years.

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What is an Offer in Compromise? Can It Help Me Avoid Bankruptcy?

08/08/11

What is an Offer in Compromise? Tax settlement firms love to advertise the offer in compromise, a method for resolving IRS back taxes that theoretically involves payment of a small portion of the outstanding tax bill owed and forgiveness of the rest. Firms like Tax Masters love to imply that the IRS will simply forgive [...]

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