How To Write A Penalty Abatement Letter: We Can Help
February 15, 2023
How To Write A Penalty Abatement Letter: We Can Help Dealing with tax debt and the interest and penalties that come with it can be overwhelming for anyone. The IRS estimates that the number of taxpayers penalized for miscalculating or underpaying their taxes has risen to nearly 40%, so you are not alone if you…
Unfiled Tax Returns: What Should You Do?
February 15, 2023
Unfiled Tax Returns: What Should You Do? Taxpayers that fail to file their tax return for one or more years can become overwhelmed later on when attempting to file all of their missing tax years all at once. Missing all or a portion of their records, personal hardship and/or neglect are some of many reasons…
Pros and Cons of Filing Bankruptcy
February 14, 2023
Pros and Cons of Filing Bankruptcy Bankruptcy can provide relief from debt but will affect your credit score and ability to apply for credit. Learn about all the pros and cons of bankruptcy. You may think of bankruptcy as either a disaster or a magic bullet that makes the consequences of bad financial decisions disappear.…
Chapter 7 Bankruptcy Means Test
February 14, 2023
When debt becomes completely unmanageable people often consider the option of bankruptcy. Chapter 7 bankruptcy, which wipes away much of an applicant’s debt, is the most extreme and often best solution for those who are facing serious financial problems. Unfortunately, the courts don’t allow just anyone to get a Chapter 7 bankruptcy discharge. An applicant…
What Are Your Options When You Don’t Qualify for Bankruptcy
February 14, 2023
What Are Your Options When You Don’t Qualify for Bankruptcy Maybe your income is too high compared to your debts, or you have too many assets that could be used to pay off the debt. Find out if you qualify for bankruptcy today. Do You Qualify For Bankruptcy? Bankruptcy could be an option for you…