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Understanding IRS Hobby Loss Rules

Dear Client, We want to highlight an important IRS rule that may affect taxpayers who report business losses on Schedule C. If your business shows a loss in a...

When the Sale of an Appreciated Home Triggers Taxes — and When It Doesn’t

Important Tax Notice: You May Be Entitled to a Refund of COVID-Era Penalties & Interest

Dear Client, We want to make you aware of an important recent court ruling that may benefit you. In Kwong v. United States, the U.S. Court of Federal Claims...

Author: Brett Hess

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Understanding IRS Hobby Loss Rules

When the Sale of an Appreciated Home Triggers Taxes — and When It Doesn’t

Important Tax Notice: You May Be Entitled to a Refund of COVID-Era Penalties & Interest