IRS Opposes Grupo HIMA Bankruptcy Plan Over $5.7 Million Claim
The Internal Revenue Service asked a bankruptcy court to reject the proposed liquidation plan of Grupo HIMA San Pablo, Inc., ...
How to Avoid Paying Taxes on Debt Settlement
One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...
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Tax debt relief: How to resolve your debt with the IRS
What tax debt relief is. The IRS offers several options to accommodate different financial circumstances, such as payment ...
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3 Reason to Consider Your Tax Record Before Filing Bankruptcy
Bankruptcy law permits owed taxes to be discharged in certain specific instances. Once a tax debt has been discharged, the debtor is no longer responsible for repaying that debt; their wages and ...
Uber Payment in Engineer Bankruptcy Carries Tax Bill, Judge Says
Anthony Levandowski, one of Google LLC’s early self-driving engineering pioneers, is on the hook to pay taxes on Uber ...
Will collections debt go away if I file for bankruptcy?
The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...
California man with $170K in tax debt mulls bankruptcy after buying pre-IPO shares. Here are 3 options to help him pay off his debt
According to the Burr Law Office, you can declare bankruptcy to potentially wipe out tax debt but only on debt that is at ...