Thread: bankruptsy
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Old 01-16-2001, 10:19 AM
Eric ELM Eric ELM is offline
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Join Date: Dec 1999
Location: Chicago, IL USA
Posts: 4,831
We had a customer that owed us for 2 months of mowing. He always paid us by check, but the last time we mowed that lawn, he walked out and gave us cash for 1 month and the next day he commited suicide. We were able to deduct that as a loss off of our income for that year. Talk to your tax person about this, since it doesn't look good for you to get your money from this guy.
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^One of the lawns we mow
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