IRS back-tax debt is treated differently from credit cards and medical bills, according to attorney Robert Schaller.
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An Offer in Compromise is an agreement between a taxpayer and the IRS that settles a tax liability for payment of less than the full amount owed. IRM § 5.8.1.2.1 (09-23-2008); Adamowicz v. US, 08-888C, Pg. 5 (D.C. Ct. Fed. Cl. 11/21/2011). Together, 26 U.S.C. § 7122 (Offer in Compromise) and 26 U.S.C. § 7121 (closing agreements) […]
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Investopedia published an interesting report on bankruptcy rates by race. Bankruptcy lawyers can improve their targeted marketing by better understanding bankruptcy demographics. Click here to read Investopedia’s article titled “Bankruptcy Rates by Race.”
Read MoreSparkchronicles.com is reporting that a wave of bankruptcies is brewing with almost 20% of companies expressing serious concerns. For more information, read the article by clicking here.
Read MoreBloomberg Law identified the three skills bankruptcy associates need to stand out. The first skills is a general knowledge about accounting and finance. The second skill is project management. The third skill is oral advocacy. To read the full article click the link.
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The National Law Review is reporting that the United States Supreme Court will be deciding the constitutionality of U.S. Trustee fees in Chapter 11 cases. Click here for more information. https://www.natlawreview.com/article/supreme-court-to-decide-constitutionality-us-trustee-fees-chapter-11-cases Click here for more information about the attorney Robert Schaller. https://schallerlawfirm.com/directory/robert-schaller/
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