How Bankruptcy Handles . . . Unpaid Employment Taxes Allegedly Owed by a Non-Owner of the Business
You can be held liable for the IRS Trust Fund Recovery Penalty--all the unpaid employment taxes--without being an owner of the business.
A Chapter 7 “Straight Bankruptcy” Can . . . Help You Deal with Taxes from Your Closed Business
Chapter 7 can legally write off some business-related taxes, and put you in a good position to take care of the rest.
