Bankruptcy
Your back tax, interest and penalties can be eliminated by filing bankruptcy. If you qualify, bankruptcy may be the best solution to resolve your crushing tax problems.
Unfortunately, not everyone qualifies to eliminate their tax debt in bankruptcy. Certain rules have to be met, first. If you file bankruptcy and don't meet the rules, the IRS may continue collection efforts after your bankruptcy is over. Proper pre-bankruptcy planning is essential to determine whether or not bankruptcy is or can be a viable solution.