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BANKRUPTCY (Start New Game)Many IRS taxes, penalties and interest do qualify for complete discharge in Bankruptcy. In order for you to use the Bankruptcy laws to avoid paying income taxes, your income tax liabilities MUST QUALIFY. Many taxpayers file bankruptcy without first understanding the rules and this often results in not discharging income taxes that could have been discharged. Don't let this happen to you. Call us first. The most common types of taxes eligible for discharge in bankruptcy are old individual income taxes. Taxes which are not eligible for discharge in bankruptcy are Civil Penalties for payroll taxes (The Trust Fund Penalty). The IRS will generally honor what would predictably happen in a bankruptcy without making you go through one. Let us help you settle with the IRS first. |
ADVERTISING MATERIAL: (Please see our page on Know Your Legal Rights) ©2001-2009, Joseph M Arndt, III P.A.
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