• Skip to primary navigation
  • Skip to main content
  • Skip to footer
Steinberg Enterprises

Steinberg Enterprises, LLC

Your Financial Future is Our First Priority

  • About
  • Clients Served
    • Small Business
    • Nonprofits
    • Individuals
  • Services
    • Tax Practice Management Services
    • Tax Representation and Advocacy
    • Tax Planning
    • Management Consultant
    • Bankruptcy Services
    • Speaking Engagements
  • Tax Insights
    • News & Articles
    • Tax Insights Blog
    • Tax Tips Newsletter
  • Worksheets
  • Client Portal
    • Secure File Transfer
    • Pay My Bill
  • Contact

Bankruptcy Services

Home / Bankruptcy Services

Tax and Financial Strategies to Support the Bankruptcy Filing Process

Is filing for bankruptcy an option you are considering as a result of pandemic-related business or personal financial losses? If so, when you work with Steinberg Enterprises, you can rest assured we are here to offer our expertise during this difficult time.

We will work with you to analyze your current situation and prepare a plan that can help prevent or delay actions by federal and state taxing authorities. If you have already engaged the services of a bankruptcy attorney, we will work with your counsel to provide ongoing support through the process.

 

Bankruptcy-related services

Steinberg Enterprises offers critical services as you need them, either prior to a filing or during the filing process. We can

  • Help you understand the difference between insolvency and bankruptcy so you can make informed decisions about your financial situation;
  • Analyze your current and future situations to determine if you are insolvent or if bankruptcy is a better alternative;
  • Negotiate with your vendors and creditors on restructuring your debt;
  • Improve your cash flow management;
  • Negotiate Cancellation of Debt if necessary, and help you understand the tax consequences of this step;
  • Negotiate payment plans for both the Internal Revenue Service and your state;
  • Prepare IRS and state documents for Offers in Compromise and payment plans which may reduce any liabilities, interest, and penalties;
  • Continue preparing and filing all required federal and state tax returns for you to maintain your status.

All of these services can help delay collection actions and give us time to work with you to prepare a suitable plan of action.

 

Bankruptcy service fees

Knowing these are difficult times, we set a reasonable fee structure for the amount of work required in a typical case. Our initial consultation fee is $500. If you decide to engage us for our comprehensive services, our initial retainer is $3,000. Once the retainer is used, our billing rate is $250 per hour.

Please note, your situation is unique. To give you the time and attention your case deserves, it is possible the retainer amount may be exceeded. We will stay with you throughout the process, as long as you need us, until you are back on your feet.

 

Stress less with helpful resources

Please visit our Bankruptcy Resources page to learn more about:

  • Basics you need to know
  • The assets and issues considered in a filing
  • Payment plans as an alternative to bankruptcy
  • Other critical issues you need to be aware of

 

Contact us for bankruptcy filing assistance

When you are facing financial difficulties, it can be difficult to know where to turn. Your first call with us is free, so contact us to start getting the help you need.

Are you considering filing for bankruptcy?

Read our free Bankruptcy Guide first

Learn about bankruptcy basics, tax considerations, alternatives, and more.

Get the Guide

Primary Sidebar

Our Services

  • Tax Practice Management Services
  • Tax Representation and Advocacy
  • Tax Planning
  • Management Consultant
  • Bankruptcy Services
  • Speaking Engagements

Footer

Steinberg Enterprises, LLC

Your financial future is our first priority

Leonard Steinberg, EA, CMC
(609) 448-0384

119 Tunicflower Lane
West Windsor, NJ 08550

1218 Elkington Road
The Villages, FL 34762

Schedule a Consultation

Get started achieving your financial goals today!

Contact us at (609) 448-0384 for a consultation

Navigation

  • Home
  • About
  • Small Business
  • Nonprofits
  • Individuals
  • Pay My Bill
  • Our Services
  • Tax Insights
  • Worksheets
  • Secure File Transfer
  • Contact

© 2020 Steinberg Enterprises, LLC | Web Services by TAG Online, Inc.

MENU
  • Home
  • About
  • Clients Served
    • Small Business
    • Nonprofits
    • Individuals
  • Services
    • Tax Practice Management Services
    • Tax Representation and Advocacy
    • Tax Planning
    • Management Consultant
    • Speaking Engagements
  • Tax Insights
    • Secure File Transfer
    • News & Articles
    • Tax Insights Blog
    • Tax Tips Newsletter
  • Worksheets
  • Client Portal
    • Secure File Transfer
    • Pay My Bill
  • Contact

Sign up for our emails and receive your Personal Data Diary

* indicates required