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John R. Dundon II, EA
101 followers -
That Tax Guy
That Tax Guy

101 followers
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Great post! Losses in excess of basis is certainly being pursued in IRS field operations.

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"Falsely accused" - Organized religion, like NASCAR and the NFL - are all destined for permanent irrelevancy. Along with that irrelevancy so goes that tax advantage of being disregarded for income tax purposes.... IMHO

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Based on tonight's results in Alabama I actively speculate tax reform will not pass at all in the 115th congress.

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The simple answer is do NOT ever let it get that far. 90 days should be enough IF your head is out of the sand.

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