Q: What kind of bankruptcy can I use to help me with my business employment taxes?
A: You may be able to use a Chapter 13 or Chapter 11 reorganization bankruptcy to help with employment tax debts. In these types of bankruptcies you cannot discharge or get rid of the taxes. You will wind up paying all or almost all of the taxes over a period of years under a plan sanctioned by the bankruptcy court. These types of bankruptcies can be helpful but they can also be very expensive. Other tax resolution methods should be tried before considering these types of bankruptcies. Contact the Lazarow Law Firm now at 520-623-5856 to discuss what other tax resolution methods might be available to you.