Topic: business debt

Small Business Taxes: Five Ways to Prepare for Taxmageddon

The end of year is coming, and – if our representatives in Washington continue their shenanigans and political posturing at the edge of the fiscal cliff – it will bring major changes to small business tax laws. As a business owner what can you to protect your interests? Here are five considerations: 1. Convert your… Read more »

Small Business Bankruptcy: Who Is Responsible for the Debt?

Who is responsible for paying the company debt if, alas, my small business simply cannot sustain itself and I am forced to declare bankruptcy? It’s an oft-asked question – and the answer depends on a couple of moving parts. From bankruptcy lawyers on JD Supra, consider the following: – You are responsible if you’ve personally… Read more »