IRS liens on your home and bankruptcy pt II

The other day I wrote about bankruptcy trustees using the bankruptcy laws to remove IRS liens from penalties. At the time I thought that was a bit aggressive. Today I read an even more aggressive case. ┬áThe debtor owned a house worth about $700,000, they had a first of $560K and IRS liens of about[…]

Why you need asset protection

Lets say you’re a successful surgeon. You are a money making machine, a large part of the machine is you do a lot of advertising. Somewhere along the line a government bureaucrat hears your advertising and says you aren’t giving all the required disclosures with your medical advertising. (You know those inane, rapid comments after[…]