Add to ORKGA 1998 Tax Court case has focused attention once again on the income tax consequences of mortgage foreclosure transactions. Although the courts have not been entirely consistent in handling the calculation of gain or loss and any discharge of indebtedness income, the rules governing recourse debt have been interpreted fairly consistently in recent years
The income tax consequences of abandonment in bankruptcy have posed significant problems for farm an...
This article deals with California foreclosure, deficiency judgments, postsale redemption and fair v...
Other than for dispositions of installment obligations at death and certain tax-free exchanges, the ...
A recent inquiry by a tax practitioner on the proper reporting of a turnover of a farm tractor to th...
A 1995 decision by the Eighth Circuit Court of Appeals has dramatized once again that there is relie...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
Traditionally, a substantial amount of farm property is transferred within the family. A major issue...
The final regulations (which were published on December 24, 2002) to determine a taxpayer’s principa...
In the last issue, we examined the income tax consequences of transfers of property to creditors in ...
One of the important objectives in the incorporation of a farm or ranch business is to accomplish a ...
Since the mid 1980s, the problem of income tax liability on discharge of indebtedness has taken on a...
Almost 57 years ago, the Department of the Treasury issued final regulations1 making it clear that c...
The United States is awash in a sea of debt. In the midst of the most severe recession since the Gre...
One of the most painful outcomes on the formation of a corporation in a tax-free exchange is to disc...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
The income tax consequences of abandonment in bankruptcy have posed significant problems for farm an...
This article deals with California foreclosure, deficiency judgments, postsale redemption and fair v...
Other than for dispositions of installment obligations at death and certain tax-free exchanges, the ...
A recent inquiry by a tax practitioner on the proper reporting of a turnover of a farm tractor to th...
A 1995 decision by the Eighth Circuit Court of Appeals has dramatized once again that there is relie...
From 1983 to 1989, US agricultural debt dropped by about $60 billion as debts were discharged in ban...
Traditionally, a substantial amount of farm property is transferred within the family. A major issue...
The final regulations (which were published on December 24, 2002) to determine a taxpayer’s principa...
In the last issue, we examined the income tax consequences of transfers of property to creditors in ...
One of the important objectives in the incorporation of a farm or ranch business is to accomplish a ...
Since the mid 1980s, the problem of income tax liability on discharge of indebtedness has taken on a...
Almost 57 years ago, the Department of the Treasury issued final regulations1 making it clear that c...
The United States is awash in a sea of debt. In the midst of the most severe recession since the Gre...
One of the most painful outcomes on the formation of a corporation in a tax-free exchange is to disc...
In 1986, Congress enacted legislation allowing solvent farm debtors to avoid income from the dischar...
The income tax consequences of abandonment in bankruptcy have posed significant problems for farm an...
This article deals with California foreclosure, deficiency judgments, postsale redemption and fair v...
Other than for dispositions of installment obligations at death and certain tax-free exchanges, the ...