Many small individuals start with a sole proprietorship to the costs of forming a corporation or LLC. This may be a wise decision as statistics show that many small businesses throw money away for the first several years. There are 5 rules put forward by the bankruptcy code. If the taxes owed of the bankruptcy filed person satisfies these 5 rules then only his petition is actually going to approved. The first rule is regarding the due date for tax return filing. This date should be at least 3...