by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 4 minutes
Filing for bankruptcy may help you deal with your tax problems. While it is difficult to discharge tax debt, it is not impossible. If your tax debt is old enough, bankruptcy can help eliminate or reduce how much you have to pay back on your taxes. However even when the bankruptcy doesn’t discharge the tax…
by Dave Gormley | Posted in Bankruptcy & Foreclosure | Reading Time: 3 minutes
Some people count on their tax refund to pay for their summer vacation or swimming pool membership. However, many others count on their refund to help them get caught up on their credit cards and other bills. When you file for bankruptcy you have to count as an asset the tax refund that you are…
by Dave Gormley | Posted in Civil Law & Consumer | Reading Time: 4 minutes
We get a LOT of calls from people who want to add their children or another family member to the deed to their house. They have the best intentions – but they may be making a giant financial mistake! You need to seriously consider the tax and financial implications of adding someone to the deed…
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