X
09Mar

Tax Court Provides Guidance On Section 165 Deduction For Worthless Equity Interests - Tax Update Volume 2020, Issue 2

In order to take a worthlessness deduction for an equity investment in an entity, including an equity interest in a corporation or a partnership, the taxpayer must show that the instrument is worthless (no value at all), and must support the year of...
By: Pepper Hamilton LLP
Source Url: https://www.jdsupra.com/legalnews/tax-court-provides-guidance-on-section-38392/

Related

ICE To Increase STEM OPT Worksite Inspections

U.S. Immigration and Customs Enforcement (“ICE”) has recently increased site visits for employers ...

Read More >

Litigation Privilege Saves the Day for Mechanic's Liens

In RGC Gaslamp v. Ehmcke Sheet Metal Co., the Fourth Appellate District held that a trial court prop...

Read More >

Window On Washington - Vol. 3, Issue 39

Outlook for This Week in the Nation's Capital - Senate Appropriations. The Senate plans to bring up...

Read More >

NLRB Reinstates Rule Permitting Confidentiality During Workplace Investigations

In welcome news to employers, the National Labor Relations Board (NLRB) issued a decision on Decembe...

Read More >

That 401(k) Conference, Agenda For MetLife Stadium, November 8, 2019

Agenda for That 401(k) Conference at MetLife Stadium on Friday, November 8th....By: Ary Rosenbaum

Read More >

A Change Is Gonna Come - Governor Murphy Announces Proposed Legislation to Revise New Jersey’s Anti-Workplace Harassment Laws for Employers

Seyfarth Synopsis: On February 18, 2020, Governor Phil Murphy announced proposed legislation amendin...

Read More >