How can I get the IRS out of my life after an LLc bankruptcy?

Question

We went under. There are no offshore accounts or hidden assets. Everything was confiscated including personal property, even though we were an LLC business.
I can accept my mistakes and feel I've paid my debt to the bankruptcy courts. What I can't fathom is this relentless pursuit by the IRS. How can any entity that isn't even a part of our federal government wield so much power over the fate of the average American citizen. These people are even above our bankruptcy laws.
Am I unofficially indentured? Is it possible to end this harrassment?

Answer 1

If you owed taxes, bankruptcy does not eliminate the taxes. What you could do is try 2 options, offer in compromise (which is where you settle your debt for less than 100%), or installment agreement (where you pay off the debt over time). I've attached a link to bankruptcy and tax effect, offer in compromise, and installment agreement.



I've attached an irs publication to bankruptcy and tax effect.

Answer 2

I am sorry for your loss. Without knowing the full situation it is hard to tell what might happen. For example, if your mom is still alive and filed joint tax returns with your dad it is much more complicated. Get a good estate lawyer. If Dad named you as the beneficiary of the insurance, then probably not. If he named the beneficiary "his estate" and his will says to pay all debts out of his estate, then maybe. If he named your mom, then it depends on how the taxes were filed. If he named his wife, and she is jointly liable for the IRS debt, she may be in a situation where she needs to disclaim any inheritance so it can pass to her children. This is really something you want to spend money on a good tax attorney and estate attorney and maybe a certified personal financial planner. Also, if your dad had a retirement account (401k, IRA, etc.) the choices with those accounts have very serious tax consequences, so make sure to get expert advice before doing anything with them.

Answer 3

Your rant provides no details about your situation so it's not possible to answer your question.

No idea where you get the idea that the IRS isn't part of the Federal government. Sounds like you've been listening to too many Tax Kooks.

If you had a tax debt prior to the BK filing it's not likely that the debt was cleared through BK. Most tax debts cannot be cleared through BK.

Answer 4

IRS is a branch of the Department of Treasury a federal government agency. Bankruptcy may discharge creditors, but not your IRS debts. Stop trying to dodge them, contact them and you and the other members need to agree to some type of settlement and payment arrangements. Good Luck!

Answer 5

Federal Tax obligations are do not dissappear in Bankruptcy. Bankruptcy only holds off collections by the IRS until the Bankruptcy is discharged.

Answer 6

Having represented a few people in dealing with the IRS, sometimes they just keep coming and you can't get rid of them. I had one client that bought a business. The former owner had underpaid employer taxes. She just went ahead and paid what was due, it was cheaper that way. A couple of years later they came after her for the same thing. She sent them all the info that she had paid before and documented it. They continued to harass her as tho' she had sent in nothing. It was cheaper to just pay it again with more interest. A couple of years later they came after her again. How can anyone that checks bookkeeping be so inept at their bookkeeping and so vindictive. They are so incompetent and absolute idiots. I guess those that can do and those that can't go to work for the IRS.

Answer 7

I have read case after case that they ignore what the courts say.