Breaking Down Tax Relief Options: Bankruptcy, OIC, IA, and CNC

Tax debt can feel overwhelming, but there are options. This complimentary webinar on October 23rd at 12:00 PM EST explores the intersection of tax resolution and bankruptcy, offering a clear look at how taxpayers can address overwhelming tax liabilities through different relief programs. 

Our attorneys will explain the key options, including Offer in Compromise (OIC), Installment Agreements (IA), and Currently Not Collectible (CNC), and how these programs interact with bankruptcy.

Attendees will learn which tax debts may be discharged, how automatic stays and tax liens are handled during bankruptcy, and when filing may offer a more complete path to financial recovery. You’ll also gain practical insights on how to evaluate your situation and choose the right approach to resolve your tax debt and regain financial stability.

In this webinar, we'll cover:

• The role of bankruptcy in resolving tax debt and when it may provide broader financial relief
• How bankruptcy affects tax discharge, liens, and IRS collection actions
• The key features of Offer in Compromise (OIC), Installment Agreements (IA), and Currently Not Collectible (CNC) status
• How to determine which option best fits a taxpayer’s financial situation

Gain the clarity and understanding you need to resolve tax debt effectively.