Collection Agency Fee
25-50% of recovery
Can You Write Off Collection Agency Fee?
Short answer: Collection Agency Fee — Bad Debt & Losses
Fee paid to collection agency to recover bad debt.
Records to keep: Keep receipts and document business use. Deductible if ordinary and necessary for your trade or business.
BW-B11-10212
low risk
Collection Agency Fee
25-50% of recovery
Multiple industries
Other Expenses
Bad Debt & Losses
Bad Debt & Write-Offs
Collection Agency Fee — Bad Debt & Losses
Applies to
- All Industries
BizWriteOffs provides educational information only and is not tax, legal, or accounting advice. Deductibility depends on your specific facts and records. Consult a qualified tax professional.
Business justification
Fee paid to collection agency to recover bad debt.
Category
- Bad Debt & Losses
- Bad Debt & Write-Offs
bad debt & losses
bad debt losses
collection agency fee
bad debt & write offs
bad debt
collections agency fee