The most typical course of action of business tax resolution:
- Problem
- Proposed solution
- New problem
- Revised solution
- New problem
- Revised solution
- New problem
- Revised solution
- New problem
- Revised solution
- Business closes
The take home lessons:
- The statistical fact is that the majority of business tax resolution plans do not succeed as envisioned.
- We are working on the basis that there is a reasonable possibility that our plan will work out.
- The actions that we take in the interim make all the difference in securing our financial future.
(This post may be nothing more than a restatement of the adage “We pay taxes and then we die. It’s what we do along the way that matters.”)