The process of restoring your financial stability after facing bankruptcy is a back-breaking move. Filing for bankruptcy affects your credit score and can hinder your long-term financial...
Posted by Pat Raskob on 06/11/2022
Bankruptcy is not a pleasant experience and is often caused by different reasons. However, apart from the disadvantages bankruptcy may bring, such as ruined credit, it can also offer...
Posted by KLSM CPA Firm PLLC on 12/10/2021
These are probably two words you want to see in the same sentence: Bankruptcy and tax returns. Some people panic at the idea of filing tax returns for bankruptcy, but it doesn’t...
Posted by KLSM CPA Firm PLLC on 08/15/2021
Your credit can take the biggest hit after bankruptcy - the negative sign can stay on your credit report for ten years. But you can rebuild your credit with hard work and responsible...
Posted by Taxes Made EZ Inc on 07/06/2021
Bankruptcy is not an unfamiliar term to most people in the US. It is usually an option for people who are unable to settle their debts. It helps in making a plan that will enable them...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/21/2021
Many people think bankruptcy is a cure-all for their debts. In many cases, however, this is not the case. Yes, the money you pay on your tax debt is unique, and you will have to deal...
Posted by Taxes Made EZ Inc on 07/16/2020
With bankruptcy, millions of Americans have been able to get out of debt and get a fresh start. It is a legal tool with which people can get relief from debt and comes in different...
Posted by Tucker Accounting Services LLC on 05/29/2021
Uncle Sam has rules for pretty much everything. As a result, one should not be surprised to have rules guiding bankruptcy discharge. With this, if there is any reason for the IRS to...
Posted by Accurate Books And Tax on 03/05/2021
Debts with the IRS come in many shapes and sizes. The most common debts owed to the IRS are back or unpaid income taxes. Now that more people are working full or part-time, overdue...
Posted by Flynn Financial Group Inc on 01/06/2021
