For most people, the terms tax evasion and tax avoidance may seem interchangeable, but they have very different meanings. Tax evasion involves illegal actions, while tax avoidance is a legal

Find yourself in a situation where you need assistance dealing with the IRS or state tax agency? If so, then a CTRS can be the ideal ally to help you

An Offer in Compromise (OIC) is a program offered by the Internal Revenue Service (IRS) that allows taxpayers to settle their tax debt for less than the full amount owed.

Subchapter V of Chapter 11 Bankruptcy is a relatively new addition to the United States Bankruptcy Code, introduced as part of the Small Business Reorganization Act of 2019. It is

Bankruptcy is an unfortunate reality that many businesses face. In its simplest terms, business bankruptcy is a process initiated by a company when it is unable to pay off its

Understanding the complexities of tax laws and regulations can be a daunting task for any business owner. One wrong move can lead to hefty fines, penalties, and even legal trouble.

On August 23, 2019, the Small Business Reorganization Act was passed (SBRA) which was effective on February 19, 2020. The goal of this law was to streamline the reorganization process

In order to properly file for Chapter 7 bankruptcy a debtor must first qualify for Chapter 7 as determined by the U.S. Bankruptcy Code. Additionally, in 2005 Congress passed the Bankruptcy Abuse Prevention

In today’s current economy, many people look for ways to make ends meet with less money than they had before. However, going outside the law to do so should not

Foreclosure is one of the most frightening and demoralizing occurrences in a person’s life. At best, it is a massive setback to one’s credit; at worst, it can make your