Several new Federal Tax Acts were enacted in 2008 and 2009! More to come in 2010!
The IRS and most States have significantly increased audit, collection, and criminal prosecution activity!
Foreclosures and bankruptcies have skyrocketed!
Here Are Some Questions Your Tax Professional Should Know:
What is IRS Form 8275 and why should it be used?
What is the IRS form used to gain an extension of time to pay your tax without added penalties?
Are Federal or State taxes dischargeable in bankruptcy?
What are the "discharge of indebtedness" income rules?
How do affidavits help you audit-proof and penalty-proof your tax return?
How does IRS Form 9465 prevent levies against personal or business property?
How do you prove personal or business deductions if you do not have any receipts?
What IRS or State programs allow citizens to be forgiven of tax debt they cannot pay?
What IRS Tax Amnesty program allows the forgiveness of withholding tax debt?
Filing for bankruptcy in Massachusetts can be a daunting process. Our Bankruptcy team can help you every step of the way through this difficult process of bankruptcy.