bankruptcy

Bankruptcy: No One Ever Plans For It

It’s like pushing a financial reset button. And for filers, that fresh start comes with its own set of gifts and liabilities. If you’re considering bankruptcy, or just want to know more about it, here are 14 key factors to consider: There are two main types of personal bankruptcy. Chapter 7 allows the filer to…

Beware of Tax Relief Companies

Tax relief companies heavily advertise on the television, radio and the internet attracting distressed and desperate taxpayers who owe back taxes to the Internal Revenue Service (IRS) and/or State Tax Agencies (State).  If you have tax debt, you may be tempted to contact these tax relief companies for help.  Many of these tax relief companies…

Incorporate: Should I operate as a sole proprietor?

For many of our clients starting their own businesses, a question we hear often is whether they should incorporate.   The answer to this question is not simple and requires a more thorough analysis of the business’ operations and owner’s long-term goals.  However, there are several considerations to keep in mind when choosing the business structure.…