The Blog - Where Business Collides with Human Nature

Does Bankruptcy Clear IRS Tax Debt?

As 2010 comes to a close, it is time to tackle taxes and planning for your business.  If you are an entrepreneur who believes that debt is overwhelming and bankruptcy is the next step, here is an article from Wystan North:

Topics: Taxes Business Planning Legal Business Services

Backwards Tip

Stephen Covey has told us for many years in his book "7 Habits for Highly Effective People" to begin with the end in mind.  The concept is not new.  To achieve a goal, focus on the end by clipping out a photo of the "dream" and posting it on the refrigerator.  For business success, using a pro-forma balance sheet creates the target in advance, which keeps a business on target.

Topics: Business Success Tips