Partnership Losses But No Outside Basis? Too Bad | Rivkin Radler LLP
Losses Weren’t Always Bad- Most tax advisers are aware that, prior to the Tax Reform Act of 1986 (the “TRA”),[i] the Code placed few limitations on the ability of an individual...
Congress Made It Less Palatable Tax Court Rivkin Radler Court Opinion Us Return Of Partnership Income Us Tax Court
Source: jdsupra.com