Tag Archives: deduction

When & How to Deduct Business Bad Debts

This week’s article is by Arthur F. Rothberg, Managing Director, CFO Edge, LLC. When diligence in performing credit checks and attempting to collect receivables do not achieve results, it is important to know when and how to deduct business bad … Continue reading

Posted in Accounts Receivable, AR & AP Management, CFO Services, Financial Strategy, Los Angeles, Tax Strategy | Tagged , , , , , , , , , , , , , | Leave a comment

IRS Releases Final Repair Regulations for Property Expenditures

After many years of controversy and temporary regulations, the IRS has now released the final regulations regarding deduction and capitalization of expenditures related to tangible property. Los Angeles and Southern California businesses have been waiting for almost a decade for … Continue reading

Posted in CFO Services, Los Angeles, Tax Code, Tax Compliance, Tax Preparation | Tagged , , , , , , , , | Leave a comment