IRS Bankruptcy – Free Info The secrets are already listed on the topic pages of the site or under the “free advice” tab. One Secret here is that most bankruptcies filed because of IRS taxes are not necessary. When they are done, they are done in a sloppy manner. Let me explain… Filing a bankruptcy on a corporation to save IRS taxes (not for other creditor protection) is usually a waste of time and money. If a corporation is insolvent the IRS can’t get anything from it anyway. The sloppy part is that most bankruptcy attorneys I’ve come across, wait for the IRS to fill out the “proof of claim” to determine the periods and amounts owed. Often the IRS leaves out periods/years and then collects them outside the scope of the bankruptcy. The bankruptcy only protects you for the periods that are included in the petition or amendment. More about this on my bankruptcy page. The secret relation to a personal bankruptcy is to make sure that the records of account are pulled for each period/year owed. You must make sure all periods meet the qualification tests for discharge, and that they are all included in the bankruptcy. Don’t forget to read all the related topic pages on this site for more valuable information gathered over many years of case experience. Thank You For Subscribing Your contact information has been added to our mailing list for newsletter updates. You can choose to unsubscribe from our list at any time.
The secrets are already listed on the topic pages of the site or under the “free advice” tab.
The secret is that it really helps to be on good terms with your spouse. Your spouse, or ex spouse will get a letter from the IRS during your case review. The letter will ask for comments and to assure them that your side of the story is the same as theirs. When they can do that, it greatly enhances the chances the IRS will act favorably towards you. Another secret is that you must word your request in similar words that the IRS uses in their guides as reasons for granting you the relief. That’s why I include technical information on my innocent spouse page. It’s critical that the tests are met.
Don’t forget to read all the related topic pages on this site for more valuable information gathered over many years of case experience.
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