Bankruptcy

Filing for bankruptcy can eliminate your back tax, interest, and penalty—if you qualify. Bankruptcy might be the ideal solution to manage overwhelming tax issue.

However, not everyone is eligible to clear tax debt through bankruptcy. There are specific requirement that must be met beforehand. If you file for bankruptcy without meeting these criteria, the IRS will continue to pursue you once the bankruptcy process concludes. Proper planning before filing is crucial to determine if bankruptcy is a feasible option for resolving your tax problem.