5 min read
Claiming Bad Debt Loss Deductions
The issue of individual taxpayers deducting bad debt losses has historically been a source of tension with the IRS....
Tom is a Senior Advisor at SSB. His expertise is consulting with closely held businesses with an emphasis on contractors, automotive, manufacturers, retail and the food industry. He was the founder and managing partner of Stabi, Burnett & Company, which was acquired by SSB in 2019.
Tom is a member of the American Institute of Certified Public Accountants and the Ohio Society of Certified Public Accountants. During his career, he has served on various nonprofit boards, including the Boy Scouts of America, Catholic Service League, Ursuline High School and various civic organizations. Tom currently serves on the Board of Valley Economic Development Partners. He is a graduate of Youngstown State University.
5 min read
Mar 25, 2025
The issue of individual taxpayers deducting bad debt losses has historically been a source of tension with the IRS....
7 min read
Mar 20, 2025
Tax season officially started on January 27. Many people procrastinate filing their returns — or they file a six-month...