Bankruptcy Options

Bankruptcy Can Be The Beginning of Your Financial Restoration!
If you are contemplating filing for bankruptcy to wipe out tax debt, interest and penalties, have a professional thoroughly review your situation prior to filing. In some cases, filing for bankruptcy will leave you with the clean slate necessary to start over. If you don’t qualify to eliminate tax debt through bankruptcy, however, you may find that when all is said and done, you still have a massive tax liability left to deal with.

As you may be aware, there are different types of bankruptcy that you can file for. Each one has a different purpose, outcome, and long-term effect. Determining which type of bankruptcy will be the best for your situation (if any) demands a close examination of your financial situation, assets, debts, and history from every angle. The opportunity of a second chance that bankruptcy offers could be just what you need, but you need to make sure that you have the best chance of success and nothing comes back to haunt you.

Contact us for pre-bankruptcy counseling to help you determine if bankruptcy is the best answer for you.

Before Filing for Bankruptcy, let us review your options with you.

Let Us Help:

Quick Contact

To File or Not File?  That is the question

When the tax deadline looms large, many of us feel the pressure to file our taxes promptly. But what if you need more time? Should you file for an extension, or should you power through and ensure your forms are submitted on time? This financial feng shui is something...

Navigating Tax Season with Ease: A Guide to Smart Tax Preparation with BFG Tax Help

It's that time of the year again. The mere mention of tax season often conjures feelings of stress and urgency, the rush to gather all those receipts and forms intermixed with the fear of missing out on a critical deduction. For individuals and small business owners,...

Tax Breaks That Power Your Home and Wallet: Navigating Energy Efficiency Credits

In today's world, homeowners are constantly searching for ways to reduce their environmental footprint, upgrade the efficiency of their homes, and, of course, save some money in the process. What if we told you there's a way to achieve all three simultaneously? Yes,...

Navigating the IRS Landscape: BFG Tax Help, Monitoring in the Modern Tax Age

America loves a good detective story, and sometimes, the best mysteries aren't in novels or on the screen — they're in our bank accounts. With the IRS known for its labyrinthine complexity and labyrinthine penalties for seemingly small errors, there's a new breed of...

Converting Junk into Dollars

Changing Junk Into Dollars Spring: a season of renewal, growth, and... cleaning? That's right, spring cleaning is not just about freshening up your space, but also about finding opportunities to do some good and possibly benefit at tax time. While you're dusting off...

How to Avoid a Desk Audit

One of the most common reasons for IRS desk audits is incomplete or inaccurate 1099 reporting. Many businesses overlook the importance of this step and do not realize that missing or incorrect documents can result in serious repercussions. In this post, we will...

Does Your Filing Status Really Matter?

Are you confused about your tax filing status? Do the various options available seem daunting? Fear not, as we are here to demystify the complex world of tax filing. The information in this blog post will help you determine what status you should pick, setting you up...

Tax Planning Strategies to Reduce Your Tax Bill

Tax season is looming, and many people are starting to wonder how they can reduce their tax bills. Fortunately, there are plenty of strategies that can help you save money on your taxes. By taking advantage of these tax planning strategies, you can keep more of your...

Are you overpaying your taxes?

Taxes can be overwhelming, regardless of your employment status. However, paying taxes is essential for the functioning of our country, and it's important that we all contribute our fair share, but you are not required to overpay your taxes. The good news is that tax...

Are You Protected? BFG Tax Help Puts Your Privacy First

The world of tax and business services can be a daunting one for many people. With so much sensitive financial information on the line, it's understandable to worry whether your information is truly secure. Unfortunately, recent reports have confirmed some companies...

Ready to come in for an appointment?

Click here to schedule a time to meet with us. We will NOT make dealing with a tax professional as painful as it’s been in the past!

Contact Us

Quick Contact