Incurring bad debt is a risk employers take when they manage a business. Learn more about what bad debt is and what happens when you incur it.

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▬ Episode Resources & Links ▬▬▬▬▬▬▬▬▬▬

5 Tips for Managing Accounts Receivable
   • The Top 5 Ways to Manage Accounts Rec...  

IRS Publication 334
https://www.irs.gov/pub/irspdf/p334.pdf

IRS: Bad Debt Deduction
https://www.irs.gov/taxtopics/tc453#:...

Schedule C Form 1040
https://www.irs.gov/pub/irspdf/f1040...

Accounts Receivable: What It Is and 5 Ways to Manage It
https://blog.bernieportal.com/account...


▬ Contents of this video ▬▬▬▬▬▬▬▬▬▬

00:00 What is Bad Debt?
01:11 The Two Types of Bad Debt
01:46 What Happens if Your Organization Incurs Business Bad Debt?
02:03 Accounts Receivable
03:21 How to Avoid Bad Debt

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