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How to Screw Up an Easement Deduction

How to Screw Up an Easement Deduction

Originally published on Passive Activities and Other Oxymorons on May 26th, 2011. ____________________________________________________________________________ Randall A. Schrimsher, et ux. v. Commissioner, TC Memo 2011-071 Boltar, L.L.C., et al. v. Commissioner, 136...
Faster Basis Recovery Allowed When Earn-out Payments Unlikely

Faster Basis Recovery Allowed When Earn-out Payments Unlikely

Originally published on Passive Activities and Other Oxymorons on May 25th, 2011. ____________________________________________________________________________ Private Letter Ruling 201111002 There are some deal concepts that drive me crazy.  One of them is...
From The Boston Tax Institute

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Originally published on Passive Activities and Other Oxymorons on May 24th, 2011. ____________________________________________________________________________ Boston Tax Alert 2011-19, 2011-20, 2011-21 Lu Gauthier of The Boston Tax Institute has given me permission to...

Assignment of Refund

Originally published on Passive Activities and Other Oxymorons on May 23rd, 2011. ____________________________________________________________________________ CCA 201111005 This CCA provides a bit of a cautionary note for contracts involving the sale of most of the...

How Forgiven Debt Begets Tax Issues

  Originally published on Passive Activities and Other Oxymorons on May 23rd, 2011. ____________________________________________________________________________ I’ve been searching for guest bloggers, but this one found me. Angela Sanders is affiliated with...
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Dealership With Multiple Franchises Cannot Separate Goodwill

Originally published on Passive Activities and Other Oxymorons on May 20th, 2011. ____________________________________________________________________________ LAFA 20111101F This is one of those things that is interesting to tax nerds and a fairly small number of...