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Three options to resolve tax debt

Unpaid taxes can be a serious financial issue. In addition to adding penalties and interest to the amount you owe each month, the IRS may use aggressive methods to secure payment. Paying back taxes often becomes a priority, especially when…

CARES Act Expands Eligibility Under the Small Business Reorganization Act: What Distressed Small Businesses and Their Creditors Should Know

The Coronavirus Aid, Relief and Economic Security (CARES) Act temporarily expands eligibility for “small businesses” to reorganize under chapter 11 over creditor objection under a new law that streamlines chapter 11 reorganizations Subchapter V modifies or eliminates many traditional chapter…

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