Are Bankruptcy Payments Tax Deductible?

are bankruptcy payments tax deductible

Understandably, many bankruptcy filers want to know what their potential tax consequences will be after they file. Bankruptcy can be the fresh start that people need to reclaim their financial independence, but are bankruptcy payments tax deductible? And what are the other tax implications that filers should be aware of? Speaking with a qualified Philadelphia […]

Should I Negotiate With the IRS Myself or Hire a Tax Attorney?

when to hire a tax attorney

The Internal Revenue Service (IRS) collects trillions of dollars annually from businesses and individuals in the US alone. This money goes towards various government programs and services that help to keep the country running smoothly. If you’re like most people, you probably don’t know a lot about taxes or tax laws. And if you’re trying […]

Tax Resolution in New Jersey: Common IRS Tax Relief Programs

New Jersey Tax Resolution Attorney

Are you currently benefiting from an IRS tax relief program? If not, you’re missing out! Dealing with the IRS is scary for many, but some relief programs are out there to help shoulder the burden. If you’re behind on payments and wondering what to do, connecting with an IRS resolution attorney in New Jersey can […]