How Does Business Bad Debt Work?
A common question small businesses have is how to record when a client or customer fails to pay an invoice. I’ll try to address some of the most common issues in this post.
Does a Roth IRA Count as an Asset in Insolvency Calculation for Cancelled Debt?
Does a Roth IRA Count as an Asset in Insolvency Calculation for Cancelled Debt? Short answer is: yes.