Unpaid taxes, interest and penalties can be eliminated by filing bankruptcy if you qualify. In certain cases, bankruptcy can be the best solution to resolve your tax debt.

Unfortunately, not everyone qualifies to wipe out their tax debt in bankruptcy. Certain rules have to be met first. If you file bankruptcy and don't meet the rules, the IRS will still pursue your assets and income to resolve your tax debt even after your bankruptcy is over. Proper pre-bankruptcy planning is key to determining if bankruptcy is or can be a viable solution.