Why My Dad Went Bankrupt

My dad has owned his own trucking company for over 15 years. He had another trucking company before, when I was just a kid, that ended in bankruptcy. It was always a major source of stress between my parents, who ultimately ended up divorced. It’s heart wrenching to remember to hearing them have the same kinds of conversations when I was younger that I hear now from so many small business owners; conversations about choosing between making minimum payments on credit cards or investing in a business that may not succeed.

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Luke FryeComment
The Last of Your 2017 Quarterly ES Payments.

Taxes are often the biggest cash outflow each year personally and for a business.

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