Taxes & Bankruptcy Relief
Coral Springs FL
Understand Your Options. Protect Your Finances. Rebuild With Confidence.
Discover Whether Bankruptcy Can Finally
Give You Relief From IRS Debt
Tax Law is among the most misunderstood and perhaps the most beneficial area of bankruptcy law. When done properly, bankruptcy can provide substantial relief from an overwhelming amount of back taxes owed to the Internal Revenue Service (“IRS”). At Ultra Care Tax, our goal is to help both individual and business owners who are considering bankruptcy understand how bankruptcy will affect their tax obligations, what type of taxes can be discharged, and how to strategically plan for a new beginning and a fresh financial start.
Ultra Care Tax is comprised of over 14 years of collective tax and financial expertise as well as being led by Enrolled Agent Rona Durandisse. Our team provides non-judgmental, caring support to assist each client in taking back control of their financial lives and securing their personal and financial future.
📞 Contact us today. Call (754) 802-1998 to speak to an expert, or to schedule a complimentary consultation.
When Taxes and Bankruptcy Collide
There are many people who incorrectly believe that tax debts cannot be discharged in a bankruptcy proceeding; however, this is not always the case. In fact, under the proper conditions, certain types of IRS debt can be significantly reduced or completely discharged. This will provide the debtor with immediate relief and long-term stability in their financial life.
We provide guidance to our clients regarding the following topics:
• Which tax debts are eligible for discharge in either a Chapter 7 or a Chapter 13 bankruptcy proceeding;
• How bankruptcy will affect the collection activities, liens and/or levies by the IRS;
• Whether there is an advantage to waiting to file a bankruptcy petition or to file sooner in order to receive better results from your bankruptcy;
• Which IRS penalties can be reduced or eliminated through bankruptcy;
• How bankruptcy works in conjunction with any pre-existing IRS Installment Agreement(s), audit(s) and/or other tax obligations.
Each client’s financial situation is different, therefore, we provide customized guidance tailored to the specific needs of each client.
Can Bankruptcy Discharge IRS Tax Debts?
Yes — some types of tax debts can be discharged, however, the rules and requirements must be strictly followed. We help our clients determine whether they meet the following criteria to have their tax debts discharged:
• The 3-Year Rule
Debtor must be able to show that their income tax debt qualifies to be discharged as long as the return was due at least three years prior to the date of the bankruptcy filing.
• The 2-Year Rule
Debtor must also show that the tax return was filed at least two years prior to the commencement of their bankruptcy case.
• The 240-Day Rule
The IRS must assess the tax debt at least 240 days prior to the date of the bankruptcy filing.
• No Fraud or Willful Tax Evasion
Only honest taxpayers qualify to have their tax debt discharged in a bankruptcy proceeding.
If you are uncertain whether your tax debt qualifies under these above mentioned criteria, Rona will review your transcript and history with the IRS to clearly answer any questions you may have.
How Ultra Care Tax Can Help You
When you are dealing with emotional turmoil and your finances are overwhelming, you should have someone knowledgeable and caring on your side to provide direction. As an advocate for you, we will defend your rights and lead you every step of the way to achieving relief.
1. Complete Tax Transcript Review
We review your entire history with the IRS to include assessments, filings, penalties and outstanding balance to determine whether bankruptcy is a viable option.
3. Protect Against IRS Collections
Bankruptcy can place an Automatic Stay on the following:
• Wage garnishment
• Levy against bank accounts
• Asset seizure
• Federal Tax Lien (in limited cases)
We help you understand which protections will be available to you in your case.
2. Determine Bankruptcy Discharge Eligibility
We identify which years of tax returns qualify under Federal Bankruptcy Rules and which years do not qualify.
4. Coordinate With Your Bankruptcy Attorney
We communicate directly with your attorney to ensure that all tax related information is current, accurate and strategically prepared for your bankruptcy proceeding.
5. Provide Post-Bankruptcy Tax Planning
Following the granting of your discharge, we provide you with information and assistance to remain in compliance with all tax laws, to prevent future problems with the IRS and to create long term stability in your financial life.
Why Do Clients Trust Ultra Care Tax?
Expert IRS Representation
Rona Durandisse is an IRS licensed Enrolled Agent and is authorized to represent you anywhere in the United States.
Compassionate Non-Judgmental Guidance
We understand that clients going through bankruptcy are experiencing extreme stress, anxiety, and uncertainty. You will always be met with kindness and respect.
Clear, Actionable Guidance
We take complicated rules and turn them into understandable terms so you can make informed decisions.
Proven Success
Thousands of taxpayers have trusted us to assist them with navigating their IRS tax obligations, collections, and bankruptcy-related tax obligations.
Professional Confidentiality & Support
Your case will be handled with the utmost discretion and professionalism.
Broward County Areas Served by Ultra Care Tax
Ultra Care Tax represents clients in Coral Springs, Pompano Beach, Fort Lauderdale, Sunrise, Tamarac, Margate, Coconut Creek, Plantation, Hollywood, Davie, Weston, Miramar, Pembroke Pines, and other communities throughout Broward County.
FAQs
Here are some frequently asked questions.
How Long Does It Take To Resolve an Offer in Compromise?
It takes approximately 6 to 12 months to resolve an Offer in Compromise, depending on the current workload of the IRS.
Will Interest Continue to Accrue During the Period the Offer is Pending?
No, once the IRS accepts your Offer, interest will no longer accrue.
Can Business Owners Get Approved for an Offer in Compromise?
Yes. With many small businesses in Broward County experiencing decline due to the COVID-19 Pandemic and other negative impacts, many are now finding themselves with tax liabilities they cannot afford.
Can I Stop Wage Garnishment with an Offer in Compromise?
Yes, filing an Offer in Compromise will typically halt wage garnishment activities by the IRS.
Do I Need a Lawyer or Enrolled Agent?
While not required, hiring an attorney or enrolled agent specializing in tax law is highly recommended, as Offers in Compromise are considered some of the most difficult forms of IRS tax relief to obtain approval for.
Didn’t find your answer?
Get Relief. Get Clarity. Get Back in Control.
Bankruptcy is not the end to your financial journey — it can be the beginning of a new financial opportunity.
Let Ultra Care Tax help you explore your options and secure your financial future.
Your path to peace of mind begins today.
Call: (754) 802-1998
Visit us at: 9900 W Sample Rd #300, Coral Springs, FL 33065
Request a Free IRS Tax Debt Consultation
Ultra Care Tax — Broward County’s Offer in Compromise Specialists