calculator and paperworkHow Our Memphis Tax Debt Lawyers Can Help Change Your Life

If you’re struggling with tax debt, you’re up against one of the most powerful creditors in the world: the federal government. As a Memphis tax debt lawyer, I’ve seen unpaid taxes lead to wage garnishment, lost disability income, and serious stress as families struggle to fight the collections companies hired out by the IRS. The government can even take your property, like your car or home!

At our firm, I see folks all the time who have serious tax debt. They come in panicked because they’re facing wage garnishment and other penalties. Maybe you’re feeling the same fears. Fortunately, we can help.

Tax debt is one of those burdens that can make your life miserable. But it doesn’t have to be that way. Here are two life-changing ways our Memphis bankruptcy firm can help you with your tax debt:

1. We can help you get out of ordinary income tax debt.

Ordinary income taxes are completely dischargeable in bankruptcy, and any debts 3 years old or older are dischargeable right now. That means at the time of this article’s publication, any tax debts from the 2017 tax year or older are eligible immediately, and 2018 debts will become eligible April 15, 2022.

This all assumes that you filed on time. But what if you didn’t file on time? What if you never filed at all?

A lot of people don’t file on time, and that’s no reason to worry—it may just take a few extra steps. We can work with you and your unique situation. Come in to see us as quickly as possible so we can help you get started with the process.

The laws around tax debt may seem complicated or scary, but keep in mind we do this every single day. No matter where you fall in all the above scenarios, we can start right now to put your case together so you’re ready and can get out of debt as quickly as possible.

Just contact us below to get started.

2. We can help you get out of non-dischargeable income taxes.

You might be wondering, what if my tax debt is too recent, like 2020? Or what if it isn’t a simple income tax?

These are common questions that are even more common since the start of the COVID pandemic. You’re definitely not alone. In fact, at the start of the pandemic in March 2020, so many people couldn’t pay their taxes for the year that the IRS stopped most of its collection efforts! Unfortunately this program, called the People First Initiative, expired in July 2020, and ever since then the IRS has been ramping up its collection efforts and demanding debts be repaid.

If you’re worried about tax debts that are a little complicated or very recent, you need a tax debt lawyer. For complicated cases, a Chapter 13 might be the perfect solution. With a Chapter 13, we set you up on a personalized payment plan so you can pay off the debt completely in a way that works for you and your budget.

Contact a compassionate and experienced Memphis tax debt lawyer today.

Don’t accept losing something as precious as your home over your taxes. Don’t give one more minute of your mental health over to the IRS.

Our attorneys know exactly how the laws work around tax debt. We can help you get rid of this burden for good and get your life back. What’s more, we can also help you get rid of your other outstanding debts at the same time.

Whatever your situation, if you’re worried about tax debt, you need to speak with a lawyer and understand your options. At Darrell Castle and Associates, the appointment is totally free, no strings attached, and you’ll leave armed with all the knowledge you need for your next steps.

Contact us today at 901-327-2100, or just fill out the form below. We look forward to talking with you!

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