Owing Taxes to the IRS and Chapter 7 Bankruptcy
Saeed & Little LLP, Attorneys at Law Help With Paying Taxes to the IRS
The IRS can ruin your life if you do not take action — if you owe money that you cannot pay in full or back taxes to the IRS, it is time to speak with an attorney. Bankruptcy and debt relief attorney Saeed & Little LLP can discuss your financial options with you (there may be more than you think).
We understand that being forced to pay more than you can afford at one time is an uncomfortable and scary place to be. But you are not alone. It is not uncommon for people and businesses struggling with debt to be behind on their taxes. The key is to take actions that will put this difficult financial period behind you. The worst decision that you can make is to ignore the IRS. DO have options — contact our office to discuss them.
Chapter 7 Bankruptcy Can Relieve Tax Debt
You may feel that you have exhausted all your options when it comes to paying your taxes, but our debt relief agency has the resources and legal know-how to explore other options. Some of the common methods we assist clients in paying off tax debt include:
- Take out a loan to pay taxes in full
- Request for additional time
- Installment payments
- Filing bankruptcy
Some tax debts ARE dischargeable through Chapter 7 bankruptcy. If income taxes are more than three years old and you filed tax returns related to them more than two years ago, the likely outcome is that you will not have to pay them. We want to understand your situation before offering solutions. Contact our bankruptcy law firm to speak with an attorney. We will not only devise an effective plan to get you back on stable financial ground, but we will also defend your rights against collection agencies, banks, utility services, and the IRS.
Contact Saeed & Little LLP, Attorneys at Law
We are ready to help you get back on a stable financial path. If you are wondering about your options for paying taxes to the IRS, call the Law Offices of Saeed & Little LLP at 317-685-2426, or toll-free at 317-685-2426, for competent legal advice and rights protection.
