If you are in a difficult situation facing substantial tax penalties and interest, talk to us sooner rather than later.  We can advise you on your options, which may include seeking cancellation of tax and penalties, or making the IRD an offer of partial or temporary payments on the basis that the rest of the outstanding tax is cancelled.  The IRD will consider these types of offers in good faith as it is often preferable for them to receive partial payments than nothing at all from bankrupt taxpayers.