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 :
Carl,
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.
Cheers, Gerard