Your back taxes, interest, and penalties can be eliminated by filing bankruptcy. If you qualify, bankruptcy may be the most advantageous solution to resolving your tax problems. However, not everyone qualifies to purge their tax debt through bankruptcy. Certain rules have to be met first. If you file bankruptcy and don't meet those rules, the IRS will pursue you after your bankruptcy is over. Proper pre-bankruptcy planning is key to determining if bankruptcy is or can be a viable solution.
Francis & Company, PLLC
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