Posted by Gerard on January 08, 1999 at 02:50:13 :
In Reply to: Getting Payment Up Front! posted by Carl Jones, Premier Catering on January 03, 1999 at 17:19:43 :
Something to keep in mind for uncollected payments, due to a change in tax law there is a form you can file to write the loss off as bad debt. Many companies are starting to use this as leverage , notifying bad actors that the filing is going to the IRS puts them on the hook because the IRS will collect.(you won't get yours but the IRS will get theirs.