Articles by Admin

Many Tax Professionals know that 1040 Income taxes can be discharged in a bankruptcy once certain rules are adhered to.  But what happens to your client after a bankruptcy is filed?  Does the IRS contact the client or his attorney?  Does the IRS show up …

I have a client that has been considering bankruptcy for several months now. He doesn’t want to file bankruptcy but over that last several years his credit card usage just got out of hand. He would rather try to work out deals with the various …

What is a living a trust? | What is an asset protection ? | Are a person’s assets placed in their own Trust protected from their creditors? Many people believe that having their assets in a Trust will protect the assets from creditors. They erroneously …

There are times that one finds out about a court judgment lien entered against them after the fact. If the person would have known that a default judgment was sought against them they could have defended it. But because they were unaware of the lawsuit, …