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
Related
Employers that completely or partially withdraw from underfunded multiemployer pension funds are wel...
Read More >
Title I of the Americans with Disabilities Act (ADA) prohibits employment discrimination on the basi...
Read More >
On January 22, 2021, the German Federal Ministry for Economic Affairs and Energy has published the a...
Read More >
Due to the IRS’ different treatment of private sector and public agency boards of directors, it com...
Read More >
Many employers require their employees to bear certain employment-related costs. For instance, an em...
Read More >
Governor Cuomo signed the groundbreaking harassment legislation that we previously covered here on A...
Read More >