NSF fees

[Davc]

I consider them deductible.

Some small companies operate this way instead of getting a bank operating loan.

And since the banks permit it, I consider it a normal operating expense and it is deductible.

However, at a seminar a court case was mentioned that said that these were not deductible. I do not remember the court case.

I recall the case but not the cite. The issue was the extreme figures involved.