Category Archives: Bankruptcy

Bankruptcy

How does Tax Debt and a Chapter 13 Bankruptcy work?

Bankruptcy can help Mary Jo from Nebraska emailed me to tell me about what the IRS had done to her. This happened over a year ago but she thought that it might help others. She and her husband have a small … Continue reading

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Roger – San Jose, How do I get rid of 941 tax debt?

You don’t! 941 taxes are the withholding tax that employers are required to withhold and send in to the Government. They are Trust Fund Taxes and can not be reduced or discharged. However Roger owned a small, sole proprietor, plumbing … Continue reading

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B.G. – Texas, Can I Bankrupt my tax debt?

B.G. from Texas ask if she could Bankrupt her tax debt. She’s a single mom who only earned part-time income with in-home day care income and hasn’t filed or paid in the last four years. Now she has a full-time job … Continue reading

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Bankruptcy and tax debt

A high percentage of debtors also have other debts and tax debt is just one part of their problem. Bankruptcy could be an option for them. In some cases bankruptcy can be used to eliminate some or all of your tax debt. If … Continue reading

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