" ... discusses the problems that may arise in taking full advantage of debts that become worthless or partially worthless. It includes a complete discussion of the Internal Revenue Code provisions that govern the deduction of worthless debts and the application of these provisions to normally recurring situations. In addition, IRS rulings and court decisions pertaining to this subject are examined."
Title from title screen (viewed Oct. 6, 2009).
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Overview Legislative history Existence and nature of debt Business v. nonbusiness bad debts Guarantee obligations Worthlessness of a debt Claiming the deductions Methods of claiming the deduction Recovery of bad debts, [section] 111 Tax consequences to the debtor of discharge of indebtedness Working papers.
Issued also in print.
Digital File Characteristics
System Details Note
Mode of access: World Wide Web.