Is Bankruptcy the answer?

Sometimes there will be a recommendation for filing bankruptcy in order to eliminate the tax liabilities along with other liabilities. A bankruptcy filing does not AUTOMATICALLY eliminate tax liabilities owed to the IRS. Care must be taken to ensure that the tax liability is discharged in the bankruptcy proceeding if it is qualified to be discharged. Of course, it is strongly recommended that an attorney experienced in bankruptcy and tax matters be engaged to ensure that the bankruptcy eliminates the tax liability if it is able to do so.