Q: I havnt done my taxes in about 15 years should i file bakruptcy and do i need profesional help if i do
Be very careful when filing Bankruptcy as a means to discharge tax liability. You must meet various conditions before your tax debt is discharged. One condition that applies to your case is that your tax debt must be at least 3 years old and you must have filed a tax return for a particular amount of time. I highly encourage you to seek a bankruptcy attorney that has experience with the discharging of tax debt.
Also keep in mind that there are various means that you can resolve potential tax debt with the IRS. For example, an installment agreement or an Offer in Compromise. If you are interested in exploring your tax debt resolution options contact a tax professional so that you can get answers that are tailored to the specific facts of your case
A: I would consult a BK and tax attorney as well. Depending on the circumstances and the amount of your potential tax liabilities, the counsel may advise you file the returns and request an offer-in-compromise, or just an installment plan, instead of injuring your credit.
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