Eliminating Tax Debt: Discharging IRS Tax Debt in Bankruptcy. Tax Law and Income Tax Debt
If you owe taxes and are considering filing bankruptcy, it’s crucial to understand how income tax debt is treated in bankruptcy. While declaring bankruptcy can provide relief from some debts, not all debts can be discharged, including tax debts. However, it is still possible to discharge some tax debts through bankruptcy. If you’re interested in […]
Tax Diligence: Protect Your Business with Effective Sales Tax Due Diligence. Tax Liabilities and Obligations
There are various factors to consider and handle when running a business. Making sure you are abiding by all applicable tax laws and regulations is a vital element of any organization. This is particularly valid in the case of sales and use tax, which can be challenging to understand. In order to protect your business […]
IRS Tax: The Importance of Hiring a Tax Attorney
Taxes are an inevitable part of life, and it is essential to understand the laws and regulations that come with them. However, tax laws can be complex and confusing, and it may be difficult to navigate them without professional help. This is where a tax attorney comes in. In this article, we will explore the […]
Tax Abatement: What You Should Know as a Property Owner
Tax abatement is a term that is often used in real estate and property development circles. However, many people are unfamiliar with what it means and how it works. This article will discuss tax abatement, its benefits, and how property owners can utilize it: What Is Tax Abatement? Tax abatement refers to a policy used […]
Can You Get a Passport Even if You Owe Taxes to the IRS?
If you’re planning to travel abroad, you may be wondering if your tax debt will prevent you from obtaining a passport. The answer is yes, but it depends on the circumstances. To help you navigate this tricky situation, we’ve decided to put together a brief discussion on this topic. If this is something that you’re […]
