Massachusetts Tax Payment Plan Lawyer
You Can Reduce and Eliminate Taxes Though Bankruptcy.
Many people facing overwhelming debt are aware that debts like student loans are not dischargeable through bankruptcy. Unfortunately, many also believe that IRS taxes are not dischargeable in bankruptcy.
Bankruptcy however, can reduce and even eliminate IRS taxes. Examples of how you may be able to use bankruptcy to reduce your debt include:
- Through a Chapter 7 bankruptcy, you may be allowed to discharge all your income taxes due to the IRS while retaining your property.
- Through a Chapter 13 bankruptcy, you may be able to stop the accrual of interest and penalties. One hundred percent of future payments can then go towards the principal of your debt.
A One-Stop Tax and Bankruptcy Law Firm
Often, individuals and businesses facing debt issues hire a lawyer to handle their tax issues and a bankruptcy lawyer to handle their bankruptcy.
Tax attorney Gerard J. Levins of Levins Tax Law, LLC, can work to resolve your tax controversies and tax disputes while also acting as your bankruptcy lawyer. The efficiency of our "one stop" service reduces costs, lessens confusion and saves time while your debts are either discharged or reduced.
Handling the Complex Issues That Tax and Bankruptcy Law Involves
There are numerous deadlines for filing petitions as they relate to tax assessments and other processes and events. We can fully handle your legal process, and have reduced and eliminated tax liabilities for doctors, lawyers, business owners, wage earners and others. For more information and to schedule a no obligation confidential consultation regarding a tax bankruptcy discharge, contact our firm.
Levins Tax Law, LLC, provides a no-obligation, confidential consultation, is available for weekend appointments, accepts American Express, Visa and MasterCard, and is conveniently located in downtown Hopkinton, minutes from the Massachusetts turnpike and Route 495. To schedule a confidential free consultation with a Massachusetts IRS tax west metro tax lawyer, call 888-333-9501.