Tax Problems with the IRS or State Usually Are Not the Reason People File for Chapter 7 Bankruptcy It seems to all come at once, doesn’t it? Generally when a person makes the decision to file for “bankruptcy protection,” tax debts are an afterthought. Other debts are usually the driving force behind a bankruptcy petition. […]
About Thomas Groth
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Entries by Thomas Groth
What are the tax consequences of winning the powerball? It depends. Plan on sharing your winnings? Share now.
Have you ever wondered if it is possible to get rid of an IRS Tax Lien? Several options are available to deal with a Federal Tax Lien. Read more below. IRS Tax Liens Can Be Disruptive. Federal Tax liens are not only imposing because they tell the world you ran into trouble with the IRS. Not only will an […]
Owe the IRS more than $50,000.00? You might want to hold off on making those travel plans. If you were to assume that a transportation bill would not have a direct impact on tax policy in the United States, you would be making a reasonable assumption, but you would be wrong. Tucked away into a […]
Threatening criminal prosecution in order to collect taxes is used throughout the United States too…. You might have seen this story floating around facebook recently. And Everyone has an opinion on it. Legitimate businesses can’t sell pizza in Finland for less than Six Euro for an extended period of time, otherwise those businesses are cheating on their […]