Written by attorney Robert Suhajda, about 1 year ago.
"There are two kinds of bad debts business and nonbusiness. Generally, a business bad debt is one that comes from operating your trade or business. The following are examples of business bad debts (... more
Written by attorney Henry Lively, about 1 year ago.
In you have cancellation of debt income and the loan that was canceled was a non-recourse loan, the income from cancellation of debt is not taxable. This is true because when debt is non-recourse and... more
Asked in Covington, GA - April 13, 2010 13:03.
Asked in Boise, ID - August 01, 2009 11:48.
Asked in Langhorne, PA - August 15, 2011 09:05.
Written by attorney Ryan Siney, about 1 month ago.
Small businesses must navigate a sea of complicated laws and regulations, and knowing which laws apply to your business is increasingly difficult. As an example, the Fair and Accurate Credit... more
Written by attorney Henry Lively, over 1 year ago.
Can you deduct Business Bad Debts on your tax return? Business bad debtrs that arise from your business activities such as lending money for business purposes, selling inventory or credit, or... more
Written by attorney Benjamin Sowards, 27 days ago.
SOWARDS LAW FIRM, APC a California based law corporation 2542 S. Bascom Ave., Suite 200, Campbell, CA 95008 Phone: (408) 371-6000 | Fax: (408) 371-6005 www.sowardslawfirm.com CHOICE OF BUSINESS... more
Written by attorney Donald Scarinci, 3 months ago.
President Obama recently unveiled his proposed budget for fiscal year 2013. While the proposal will likely never pass in its current form, it does offer businesses and their attorneys some valuable... more
Written by attorney Gene Choe, 10 months ago.
Question: I own a small home health care business for senior citizens. While the real estate market was booming, I was able to buy two houses, both with first and second loans. For five years I was... more
