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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

Mergers & Acquisitions

Corporate Services | Mergers & Acquisitions

Through our mergers and acquisitions services, Northwest Fiduciary Trust Services helps clients create and execute effective exit strategies and...

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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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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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Tax Preparation & Planning

Individual Services | Individual Accounting

Preparing your own return is risky and time consuming. Let our trusted staff prepare your return to ensure you minimize ...

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Claims Review

Individual Services | Forensic Accounting

Examining claims takes time, money and other valuable resources. Northwest Fiduciary Trust Services's team of claim reviewers has the...

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Economic Damage Calculations

Individual Services | Forensic Accounting

Northwest Fiduciary Trust Services's economic damage professionals quantify financial damages sustained by a business or individual due to a...

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