2023 Tax Planning: Excess Business Losses of Noncorporate Taxpayers Under the CARES Act, the limitation on excess business losses for shareholders and partners of pass-through businesses […]
Tax Planning: Basis of Property Acquired Under Code Secs 1031 or 1033 In certain types of transactions there are opportunities for taxpayers to defer gain on […]
Taxpayers have an opportunity to utilize net operating losses (NOLs) generated on their personal and corporate tax returns generated in tax year 2023 by carrying forward […]