Corporations can file for bankruptcy, just like individuals. Corporate bankruptcy is the legal declaration that you cannot pay your debts.
However, the problem arises when the corporation is a large public company that has given out thousands of shares of stock to different stockholders. If you are one of these stockholders, you may be wondering how [...]
Posts Tagged ‘tax debt’
Corporate Bankruptcy: Where Does it Leave You?
US Tax Debt Relief
US tax debt relief is not a benefit reserved just for the wealthy who can afford expensive attorneys. Anyone can find relief when a tax burden has become unbearable and there’s no way to pay.
You can, and should, challenge taxes you don’t think are correctly assessed or when you don’t see a good way to [...]
