Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,897,624,960 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

Business Bad Debts

    0.01 sec.
Business Bad Debts
Business accounts receivable that have been included in income that are uncollectible, legally binding debts owed to you that are uncollectible, and debts you must pay that you guaranteed in connection with your business or for a profit may be deductible as bad debts.


Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
 
1933), addressed the specific charge-off requirement and noted that Congressional intent was to allow a deduction for business bad debts in the year in which ascertained worthless, provided there was "some specific act of the taxpayer clearly indicating their abandonment as assets.
Unlike business bad debts, IPC section 166(a)(1)(a) provides that partial worthlessness of a nonbusiness bad debt will not produce a deduction.
However, payments made by partners on behalf of their partnerships were business bad debts when the partners' payments were in furtherance of the partnership's business.
 
 
Business Associate Messaging
Business association
Business association
Business Association Italy America
Business Association of Latin American Studies
Business Association of Stanford Engineering Students
Business Association of Stanford Entrepreneurial Students
Business Association of the Shia-Muslims of America
Business Assurance Reviews
Business Attitudes Questionnaire
Business Attraction Retention and Expansion
Business Auto Coverage Form
Business Auto Coverage Form
Business Auto Coverage Form
Business Auto Coverage Form
Business Auto Coverage Forms
Business Automated Services
Business Automation Services
Business Automobile Policies
Business Automobile Policy
Business Automobile Policy
Business Availability Center
Business Availability Management
Business Aviation
Business Aviation Airport Access Program
Business Aviation Association of Southern Africa
Business Aviation Professionals of New England
Business Aviation School of Aeronautics
Business Bad Debt
Business Bad Debts
Business Balance Score Card
Business Bank of Nevada
Business Banking Officer
Business Banking Unit
Business Banking Working Group
Business Banner Exchange System
Business Barter Exchange
Business Base France
Business Basic
Business Basic Extended
Business Basic for Java
Business Basic to Visual Basic Translator
Business before pleasure
Business behavior
Business Behavior Development Company
Business Beyond the Box
Business Birth Rate Strategy
Business Blog Book Tour
Business Board
Business Bondy Blog
Business Boot Camp
Business Breakdown Structure
Business Breakfast Club
Business Building Seminar
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.