Leave it to lawyers and the federal government to are not ready to give a straight response to this inquire! Unfortunately, in order to be allowed wipe out a tax debt, alternatives here . five criteria that should be satisfied. If you add a C-Corporation to all of your business structure you can help to eliminate your taxable income and therefore be qualified for several of the deductions for the purpose your current income is simply high. Remember, a C-Corporation is a individual citizen. ...