Talk of The Villages Florida - View Single Post - A Call Out to Tax Professionals
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Old Today, 02:30 PM
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Quote:
Originally Posted by Pugchief View Post
Correct.



You are also correct, except about GregR being wrong. He never said the part in red. Maybe you inferred it, but it was not stated.



And also correct.

GR is wrong.
GR stated, "Eventually, if the customer never pays or you accept some lesser amount, that difference can be booked as a bad debt, but the write-off is against taxes you already paid."

This is what the tread is about.
So GR did state the red wording.

You can pretend he's talking about something else, but it's very clear he is talking about the OP post.