Today, we’re learning a little lesson in business finances from Michael Scott: Now, unfortunately, shouting your financial intentions at your employees like Michael does in this episode of The Office (a classic, for sure) won’t make your problems go away. But Chapter...
No one really plans to end up buried in business debt. But whether it’s a string of tough calls, unexpected market shifts, or a tax situation that got out of hand, it happens. And when it does, it can feel like there’s no good way out. If that sounds familiar, you’re...
Failing the Chapter 7 Means Test: Your First Tax Debt Win If you’ve ever been told you make too much money to qualify for Chapter 7 bankruptcy… you’re probably feeling a little trapped right now. Maybe the IRS is breathing down your neck. Maybe your wages are...
Got a tax return (or two… or more) that you never got around to filing? Maybe life got busy. Maybe the paperwork felt overwhelming. Maybe you were dealing with a major personal or financial crisis. Or maybe you just didn’t think you could pay what you owed—so...
Bankruptcy is a taboo subject of discussion in our society, despite the fact that it’s a perfectly legitimate tool for flushing debts and starting over financially. When you’re deep in the hole with credit card debt, medical debt, mortgage debt, and the like,...
I’m guessing tax season isn’t exactly at the front of your mind every day. But it should be! (At least in the top five things at the front of your mind.) Because as long as you’re getting paid by someone or something, taxes don’t stop. And when...