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Many people will be shocked when they discover the intricate rules — and lack of supporting paperwork — when filing 2025 federal income tax returns.
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Opinion
The Monterey County Herald on MSNOpinion

Barry Dolowich, Tax Tips: Bad debt deduction

2. A debtor-creditor relationship must exist at the time the debt arose. You have a loss if there was a promise to repay at the time the debt was created and you had the right to enforce it. If the ...
Close your eyes and take a few slow, deep breaths in and out of your nose. Get up out of your chair to stretch and walk ...
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