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By Michael S. Anderson of Anderson Tax Law logo for Arizona tax attorney Michael S. Anderson P.C.
  • Why did the IRS terminate my installment plan?

    Just because you are in an IRS Installment Plan with the IRS doesn’t mean that your work is done.  One of the common questions I get is “why did the IRS terminate my installment plan?”. The following are the most common reasons why this happens. Your Income Changed When you file a tax return the…

  • Chapter 13 Bankruptcy and IRS Debt – Giving the IRS a Haircut

    THE PROBLEM(S) 1.   IRS Offers in Compromise Don’t Work for Most People Most people with serious tax debt just can’t make an IRS Offer in Compromise work.  Success is based on a formula and that formula is based on a number of facts about the taxpayer’s income, budget, assets in the past, the present and…

  • Chapter 13 Bankruptcy

    Bankruptcy – About Chapter 13 A chapter 13 bankruptcy is commonly referred to as a “wage earner” bankruptcy. In Arizona less than 25% of all consumer bankruptcy cases filed are originally filed as chapter 13 bankruptcy cases. Chapter 7 bankruptcy and Chapter 13 bankruptcy filers have the same goal, the legal discharge of as many…