Small Business Bankruptcy

Business Taxes in Colorado

October 4, 2013

Business taxes, also referred to as corporate taxes, in Colorado can be far more complicated to calculate as than individual income taxes, as there are a number of additional factors that business owners have to consider when filing corporate income taxes each year. Specifically, business taxes can involve sales taxes, unemployment insurance taxes and property…
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Small Business Bankruptcy: An Overview (Part 2)

September 13, 2013

Picking up from Small Business Bankruptcy: An Overview (Part 1)¸ the following provides an overview of the bankruptcy options for small businesses that are struggling with debt. Part 1 of this blog laid out some of the specific factors that need to be considered when choosing which bankruptcy option is most appropriate for a small…
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Small Business Bankruptcy: An Overview (Part 1)

September 12, 2013

When a small business is overwhelmed by debt, filing for bankruptcy may be the best solution for financial recovery, and the next steps to take will depend on: The type of entity that the business is based on – specifically, whether the business is a sole proprietorship, general partnership, corporation or limited liability company (If…
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