Your back taxes, interest, and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.
Unfortunately, not everyone qualifies to wipe out 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 hot 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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At First Choice Professional Services, we've been serving the accounting needs of Amsterdam, NY and the surrounding areas for years. If you need help managing any aspect of your home or business's finances, we want to hear from you.
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