Add to ORKGSince the mid 1980s, the problem of income tax liability on discharge of indebtedness has taken on added significance.The focus on discharge of indebtedness has been partly because of the farm debt crisis of the mid 1980s, partly because of the savings and loan problems beginning the same decade and partly because of the widespread decline in real estate values since the late 1980s
A 1995 decision by the Eighth Circuit Court of Appeals has dramatized once again that there is relie...
E.B. 94·22 (Formerly A.E. Ext. 89-16)Beginning in the mid-1980s, a substantial number of farmers suf...
A recent inquiry by a tax practitioner on the proper reporting of a turnover of a farm tractor to th...
In the last issue, we examined the income tax consequences of transfers of property to creditors in ...
As was noted in the March 30, 1990 issue of Agricultural Law Digest, whether discharge of indebtedne...
Until 1987, a procedure was available for avoiding income tax for solvent debtors generally. That pr...
Lower grain and soybean prices have brought back memories (for many) of the 1980s.1 One of the early...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
The Revenue Reconciliation Act of 1993 made major changes in the handling of discharge of indebtedne...
The United States is awash in a sea of debt. In the midst of the most severe recession since the Gre...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
In a previous issue, we covered “Discharge of Indebtedness-- A Source of Surprises: Part I.” In this...
Since enactment of the Agricultural Credit Act of 1987,1 in which Congress instructed the then Farme...
In the last three issues, the discussion focused upon the discharge of indebtedness as a result of t...
In handling discharge of indebtedness for income tax purposes, a highly important question is whethe...
A 1995 decision by the Eighth Circuit Court of Appeals has dramatized once again that there is relie...
E.B. 94·22 (Formerly A.E. Ext. 89-16)Beginning in the mid-1980s, a substantial number of farmers suf...
A recent inquiry by a tax practitioner on the proper reporting of a turnover of a farm tractor to th...
In the last issue, we examined the income tax consequences of transfers of property to creditors in ...
As was noted in the March 30, 1990 issue of Agricultural Law Digest, whether discharge of indebtedne...
Until 1987, a procedure was available for avoiding income tax for solvent debtors generally. That pr...
Lower grain and soybean prices have brought back memories (for many) of the 1980s.1 One of the early...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
The Revenue Reconciliation Act of 1993 made major changes in the handling of discharge of indebtedne...
The United States is awash in a sea of debt. In the midst of the most severe recession since the Gre...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
In a previous issue, we covered “Discharge of Indebtedness-- A Source of Surprises: Part I.” In this...
Since enactment of the Agricultural Credit Act of 1987,1 in which Congress instructed the then Farme...
In the last three issues, the discussion focused upon the discharge of indebtedness as a result of t...
In handling discharge of indebtedness for income tax purposes, a highly important question is whethe...
A 1995 decision by the Eighth Circuit Court of Appeals has dramatized once again that there is relie...
E.B. 94·22 (Formerly A.E. Ext. 89-16)Beginning in the mid-1980s, a substantial number of farmers suf...
A recent inquiry by a tax practitioner on the proper reporting of a turnover of a farm tractor to th...