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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.




Our Practice

Our Practice Areas

Cash Flow & Budgeting

Individual Services | Individual Accounting

Whether you are wealthy or in financial hardship, our team will develop a comprehensive plan to manage cash flow, develop budgets and provide...

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Internal Controls Examination

Individual Services | Forensic Accounting

An internal controls examination evaluates the strengths and weaknesses of your existing controls over your organization's assets. During a...

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Litigation Support & Consulting

Individual Services | Forensic Accounting

Northwest Fiduciary Trust Services's forensic accounting team provides litigation support and consulting to attorneys. We can assist you in...

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Tax Planning

Other Services | Tax Services

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving...

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Tax Preparation

Other Services | Tax Services

Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study...

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IRS Payment Plan

Other Services | IRS Representation Services

If you don't qualify for the IRS Offer In Compromise program, a Payment Plan may be the way to resolve your problem. Setting up a payment plan...

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