Kinder Surprise eggs, an Italian brand of egg-shaped chocolate candies containing a toy surprise inside, have been banned in the States since long before they were first manufactured in the early '70s. That's because the US has had a ban on candies with embedded toys since 1938.
(A) As used in this section, bad debt means any debt that has become worthless or uncollectible in the time period between a vendor's preceding return and the present return, has been uncollected for at least six months, and that may be claimed as a deduction pursuant to the Internal Revenue Code of 1954, 68A Stat.A) As used in this section, bad debt means any debt that has become worthless or uncollectible in the time period between a vendor's preceding return and the present return, has been uncollected for at least six months, and that may be claimed as a deduction pursuant to the Internal Revenue Code of 1954, 68A Stat.
Back in âthe good old days,â taxpayers were allowed to deduct all their interest charges, even on credit-card bills to pay for vacations, Armani suits and movie tickets. Then Congress caught on and nixed that deal. Now our beloved Internal Revenue Code permits deductions only for certain varieties of interest. This makes debt management more important than ever, because you are basically penalized by the IRS whenever you have interest that falls into the nondeductible category.