Thinking about filing bankruptcy to get rid of your IRS debt? ContactKampeska Tax Advisorsfor immediate help Email or Call Us (800) 351-3588
The IRS is a financial juggernaut that doesn’t care about the people behind the financial struggles; they simply want their money. At Peace Of Mind Tax Help, we help shield our clients from this overbearing government agency to help them overcome financial hurdles and stressful times with years...
The IRS likes to tax things, and forgiven debt is no exception. On the one hand, public service loan forgiveness is not considered taxable income. On the other hand, any balance wiped out through an income-driven repayment plan can be counted as income and taxed.28 Borrowers may be less ...
And if you really aren’t able to qualify for any of the programs I’ve covered here, then you may simply need to deploy some creativity towards how you live your life, like by getting paid exclusively under the table (so the IRS/Debt Collectors think you’ve got no income), moving ...
Keep in mind, however, that only certain qualified professionals can represent you when dealing directly with the IRS, including enrolled agents, CPAs and attorneys, as the FTC advises. If you have tax debt then you don't want to wait any longer to get rid of it. It's easy toget star...
of debt. Most people that we represent in bankruptcy keep all of their property and get rid of all of their debts. Find out how you can become debt-free today. Over100 YearsCombined Experience –Choose The Bankruptcy Specialist! WHY CHOOSE US?
Today’s graduates are saddled with huge amounts of student loan debt while having to endure a tough job market. Student loan debt now tops $1 trillion in the U.S., which is more than our credit card debt. Though there’s no one formula to get rid of student loan debt, I’ll give...
Though the bankruptcy process can be long and complicated, filing for bankruptcy isn’t your only option. You can get out of debt without filing for bankruptcy, but you may need some help from a professional. So, you might be asking, how can I get out of debt without filing bankruptcy?
In turn, debt settlement can be a quick path to getting rid of your card debt for less than what you owe. However, you should know that it typically negatively impacts your credit score. And, the forgiven portion of your balance is considered income by the IRS, so you'll typically ...
Billy Long was picked to be the IRS’s new commissioner Trump changed his mind Wednesday about his White House’s top lawyer, elevating David Warrington to the role just three weeks after initially giving the job to veteran GOP lawyer William McGinley Trump said he will nominate former Wall ...