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Bankruptcy

Bankruptcy

Your back taxes, interest and penalties can be wiped out by filing bankruptcy. If you qualify, bankruptcy can be the best solution to resolve your crushing tax problems.

Unfortunately, not everyone qualifies to wipe out their tax debt in bankruptcy. Certain rules have to be met first. If you file bankruptcy and don't meet the rules, the IRS will still be in hot pursuit after your bankruptcy is over. Proper pre-bankruptcy planning is key to determining if bankruptcy is or can be a viable solution.

Did you know that you can get out of the tax debt due to the misdeeds or fraud committed by your spouse? Innocent Spouse Relief was designed to alleviate unjust situations where one spouse was clearly the victim of fraud perpetrated by their spouse or ex-spouse.




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Our Practice Areas

Corporate Accounting

Corporate Services | Corporate Accounting

Corporate accounting is "business slang" for the "management of wealth within a business or organization". This can take many forms but includes...

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OUR AREAS OF PRACTICE

Individual Services | Individual Accounting

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Tax Problems

Other Services | Tax Services

Are you having problems with the IRS?

We're here to help you resolve your tax problems and put an end to...

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Restructuring Services

Corporate Services | Restructuring Services

Northwest Fiduciary Trust Services delivers restructuring solutions for enterprises and stakeholders in businesses dealing with productivity...

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Financial Advisory

Individual Services | Financial Advisory

In today's challenging business setting, influenced by the continuing economic slowdown, the way we engage in business will have changed...

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Individual Accounting

Individual Services | Individual Accounting

At Northwest Fiduciary Trust Services we understand that many high-net worth individuals simply do not have the time or the...

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