IRS Tax Bill Collections: What You Can Do

The IRS has far greater powers than any other bill collector: The IRS has the power to take your wages, bank accounts, and other property without first granting you a hearing. Nevertheless, you aren’t entirely at the IRS’s mercy. Here are some tips that may help you if an IRS collector is at your heels. […]

Discharging Tax Debts in Bankruptcy

Most tax debts cannot be discharged in bankruptcy.  For most, you will continue to owe the tax debt after a Chapter 7 bankruptcy, or you will have to repay them in full in a Chapter 13 bankruptcy repayment plan.  However, it is possible to wipe out federal income tax debts in Chapter 7 bankruptcy if […]