What Can Trigger an IRS Audit?

While nearly 150 million federal tax returns are filed each year, the IRS audits less than 1% of them. However, for those that do get caught in the government’s crosshairs, the audit process can be long and costly.


What is a Chapter 11 Bankruptcy?

A reorganization typically used by companies to continue operating a business and repay creditors through a court approved plan…


What is Chapter 13 Bankruptcy?

A debt reorganization for individuals with a regular steady source of income…


What is Chapter 7 Bankruptcy?

A liquidation bankruptcy that allows most individuals to complete get rid of their unsecured debt such as credit card debt, medical bills, old utility bills, and old apartment leases…


What are IRS Partial Pay Installment Agreements?

Taxpayer will still owe the debt but will have a smaller monthly payment based on ability to pay, which could help taxpayer stay in good standing…