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
The U.S. Equal Employment Opportunity Commission (EEOC) released a news alert yesterday addressing t...
Read More >
Northrop Grumman has agreed to pay $12,375,000 to settle a class action brought under the Employee R...
Read More >
On May 21, 2020, the Securities and Exchange Commission finalized and adopted its eagerly awaited re...
Read More >
On August 30, 2019, California Governor Gavin Newsom signed Senate Bill 778, delaying mandatory anti...
Read More >
Client Alert: SBA to Enact Significant Changes to Small Business Regulations Before 2020: Everything...
Read More >
Catastrophically injured car crash victims are concerned about how the new, rushed, and poorly draft...
Read More >