IRS tax relief in Nevada
If you’ve fallen into debt with the IRS, delaying payment will just make everything worse. The longer you ignore the problem, the more penalties, interest, and fees you’ll owe. The IRS can even seize your refund and place liens on your property!
Many of our clients are shocked when they find out that you can include some IRS debt in bankruptcy. As long as you have kept up with the returns, you can eliminate certain unpaid taxes when you file.
If your Las Vegas family is fighting to get out of backbreaking debt, DebtStoppers can help you find freedom. Call or text us today at 725-373-5900 to schedule a free consultation with one of our skilled Nevada attorneys.
Nevada IRS Tax Laws
In the state of Nevada, bankruptcy laws allow you to eliminate certain unpaid tax obligations and most of your other debts. Whether you file under Chapter 7 or Chapter 13 of the bankruptcy statutes, you can find fast and permanent relief from overdue taxes.
Chapter 7 lets you wipe out your unsecured debts, such as qualifying back taxes. If you file Chapter 13, you will reorganize your debts — taxes included — into a 3-to-5-year repayment plan. With the help offered by Chapter 13, filers usually pay around 10% of their total debts.
No matter which type of bankruptcy is the right choice for you and your family, DebtStoppers will be by your side every step of the way. We can help you deal with the IRS and move on, so you can start living your life to the fullest.
Forms and Tax Liens
To file for bankruptcy in Nevada, you will need to complete legal documents and submit them to the nearest district court. The forms you are required to file will vary. A DebtStoppers attorney can help you collect the information you need to fill out the forms and ensure they are completed accurately.
When filing, it’s essential to keep in mind that even though bankruptcy can wipe out unpaid taxes, pre-existing tax liens will not be removed. This means that, while discharging your tax debts can stop the IRS from pursuing your assets or garnishing your paycheck, you won’t be able to sell the property until you pay the lien.
For this reason, if you’re struggling to keep up with your taxes, it’s essential to file your petition before the IRS records any liens against you.
Our Nevada Lawyers Can Help
If you and your family are saddled with too much debt, our experienced Nevada attorneys can help you find financial freedom. At DebtStoppers, our qualified legal team can review your family’s financial situation and help you select the best debt relief option for you. Call or text DebtStoppers today at 725-373-5900 to request a free debt evaluation with one of our Nevada lawyers.
We can help you move on from your debts to live a better life. Call or text DebtStoppers today at 725-373-5900 to get started on your family’s custom tax relief plan.