Tax Debt Business Bankruptcy

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Tax debt can be frightening for a business. The IRS is ruthless in pursuing those who owe back taxes.


The laws and procedures surrounding New York State tax are complex, and can be beyond the capacity of the average person to understand, regardless of how accomplished he or she is in his own profession. Many honest business owners had no idea they even did anything wrong, and find themselves suddenly faced with a huge tax bill.

If your tax liability is impairing your ability to do business, you may well want to look into filing for business bankruptcy protection. A Chapter 11 reorganization can reduce your tax and penalties, put a stop to collection activities by the IRS and/or the New York State Tax Department, and set in place a manageable plan in which you pay off your tax debt over time. Our attorneys can tell you more; call us to schedule a consultation.

Fill out the form below or call us at 646-326-9971 for a free in-office consultation.

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Bradley R. Bailyn, Esq. , Founder

Bailyn Law provides comprehensive legal and advisory services in the fields of bankruptcy and out-of-court debt workouts. We serve companies and individuals who wish to restructure their businesses or their finances to improve liquidity and increase profitability. We also advise creditors seeking to protect their legal rights and economic interests.

How can we help you?

Discover the advantages we bring you. No-cost initial consultation.

6301 Mill Lane Brooklyn, NY 11234

One Rockefeller Plaza, Tenth Floor New York, NY 10020

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The Bailyn Law Firm, P.C

 

6301 Mill Lane
Brooklyn, NY 11234

 

One Rockefeller Plaza, Tenth Floor
New York, NY 10020



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6301 Mill Lane Brooklyn, NY 11234

One Rockefeller Plaza, Tenth Floor New York, NY 10020

THE BAILYN LAW FIRM, P.C.