Consumer lending in Spain has hit levels not seen since the eve of the global financial crisis, reflecting both the Spanish ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who ...
CORRECTION: A previous version of this article and an accompanying chart overstated changes in auto insurance spending over ...
Worldwide total government debt as of 2024, at least according to this source, was $97.5T. That means the US accounts for ...
Peter Drennan finds that tax debt is huge (and bad), fascinating if you look closely at what is happening, and very expensive ...
The Tax Court found that advances made by Anaheim Arena Management LLC (AAM) did not constitute bona fide debt and therefore upheld the IRS’s disallowance of AAM’s bad-debt deduction for the advances.
Tribunal held that loss arising from compulsory conversion of stressed loans into equity under a restructuring scheme is a deductible business loss or bad debt for a ...
Duluth Holdings faces persistent revenue declines, worsening profitability, and surging net debt, prompting a Sell rating.
Federal officials and banks dealing with the subprime mortgage mess helped create the “zombie” mortgages crisis ...
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Deducting bad debts

FOR many businesses, unpaid receivables are an unavoidable part of operations. Whether arising from unpaid invoices, defaulted loans, or broken payment promises, bad debts can significantly affect a ...
Ahead of the full reveal on Tuesday – after Billboard 2025 No. 1s Livestream, hosted by Druski – check out a pair of year-end Latin top 10s. By Keith Caulfield We’re counting down the days to the full ...