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A write-off is a reduction of the recognized value of something. In accounting, this is a recognition of the reduced or zero value of an asset. In income tax statements, this is a reduction of taxable income, as a recognition of certain expenses required to produce the income.
Write-down, Income tax & Criticism
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value asset tax business accounting write-offs income write reduction negative write-down example balance taxable expenses required recognition thus telephone due
| Subject | Predicate | Object | Confidence | Src |
|---|---|---|---|---|
| Write-off | is a | reduction of the recognized value of something | 0.90 | text |
| Write-off | is a | itemized deduction of an item's value from a person's taxable income | 0.90 | text |
| banks | instance of | Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to re… | 0.80 | text |
| hospitals | instance of | Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to re… | 0.80 | text |
| universities | instance of | Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to re… | 0.80 | text |
| and other large organizations regularly perform negative write-offs | instance of | Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to re… | 0.80 | text |
| especially when the amount is considered low | instance of | Negative write-offs can sometimes be seen as fraudulent activity if those who overpay a claim or bill are not informed that they have overpaid and are not given any chance to re… | 0.80 | text |
| Write-off | related to Accounting | In | 0.60 | section |
| Write-off | related to Accounting | The | 0.60 | section |
| Write-off | related to Accounting | Common | 0.60 | section |
| Write-off | related to Criticism | In | 0.60 | section |
| Write-off | related to Criticism | Warner Bros | 0.60 | section |
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