Posts Tagged ‘taxpayer debt’

Learn How to File For Bankruptcy Correctly to Help Solve Tax Problems and Reduce IRS Debt

Thursday, June 11th, 2009

In the current economy with people losing their jobs left and right, the one word we have not heard as frequently as “recession” is “bankruptcy.” There are more mentions of foreclosures in the aftermath of the credit crash than mentions of people filing for personal bankruptcies. When I was on the LA Talk Radio with TJ McCormack last month, we chatted about the possible boons of filing for bankruptcy and
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Posted in Discharging Taxes in Bankruptcy, Tax Debt Help News, Tax Relief News, Tax Resolution Options and Alternatives, Tax news and tips, tax help | 1 Comment »

IRS Question Corner … Tax Debt? IRS Offers in Compromise Program May Help

Thursday, January 22nd, 2009

Question: Things aren’t going well. I maxed out my credit cards to be able to give my kids the type of Christmas they’re used to having. All the while, I felt dread. That’s because I owe a huge amount to the IRS — about the same amount I expect to make in total income in 2009. What can I do?
Answer:  First of all, don’t panic. Put that dread to the
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Posted in Ask the Expert, IRS Question Corner, IRS Times and Inquirer, Offers in Compromise | No Comments »