What is the difference between a business and nonbusiness bad debt for tax purposes?
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What is the difference between a business and nonbusiness bad debt for tax purposes?
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In the context of US tax law the classification of a bad debt as either a business bad debt or a nonbusiness bad debt can have implications for the ta...View the full answer
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Related Book For 
CCH Federal Taxation Basic Principles 2020
ISBN: 9780808051787
2020 Edition
Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback
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