Showing posts with label stock. Show all posts
Showing posts with label stock. Show all posts
Sunday, September 14, 2025

A Paycheck As A Treasure Trove

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  I am looking at a case where the taxpayer was using Cesarini to argue her position. COMMENT: Cesarini is one of my favorite tax decision...
Saturday, February 8, 2025

A Call From Chuck

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I was speaking with a client this week. He told me that he recently retired and his financial advisor recommended he discuss a matter with m...
Sunday, August 11, 2024

An S Corporation Nightmare

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Over my career the preferred entities for small and entrepreneurial businesses have been either an S corporation or a limited liability comp...
Monday, June 17, 2024

What Is Your Tax Basis When There Are No Records?

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  Since I started practice, there have been repetitive proposals to change the step-up basis rules upon death. With some exceptions, the gen...
Friday, November 26, 2021

Qualifying For Stock Loss Under Section 1244

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  I am looking at a case having to do with Section 1244 stock. And I am thinking: it has been a while since I have seen a Section 1244. ...
Sunday, September 26, 2021

Section 1202 Stock And A House Tax Proposal

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I am not a fan of fickleness and caprice in the tax law. I am seeing a tax proposal in the House Ways and Means Committee that represents ...
Sunday, July 18, 2021

A Day Trader and Wash Losses

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  We have had a difficult time with the tax return of someone who dove into the deep end of the day-trading pool last year. The year-end Fid...