Bankruptcy

Your delinquent taxes, interest and penalties can be contained or possible eliminated by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your tax problems.

Unfortunately, not everyone qualifies to eliminate their tax debt in bankruptcy. Certain rules have to be met first. If you file bankruptcy and don't meet the rules, the IRS will still be in pursuit after your bankruptcy is over. Proper pre-bankruptcy planning is key to determining if bankruptcy is or can be a viable solution.

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