At Tax Law Center we have helped 1000s of taxpayers file bankruptcy and thereby discharge over 500 Million in IRS taxes. The debt is gone forever! Contrary to the misunderstanding of tax laws by many people and even professionals, you can in fact file bankruptcy on IRS debt. Under the experienced supervision of Tax Law Center’s attorneys with advanced degrees in tax representation, you may be able to discharge (get rid of) your tax debts in Chapter 7 bankruptcy. Unlike many other companies that attempt to represent taxpayers, our company specializes in utilizing bankruptcy as a key tool in removing your IRS tax debts. While there are many factors that apply when seeking bankruptcy as a course to settling your taxes, generally speaking, bankruptcy can apply if you meet the following requirements:
- The taxes are income-based (generally filed under IRS form 1040).
- The return was due at least three years ago.
- You filed the return at least two years ago.
- The taxes were assessed at least 240 days ago. …
- No fraud or willful evasion.