*To gain a working knowledge of and planning flair for the intricate passive activity loss rules for business and rentals *To learn the 5 step approach to framing any passive loss analysis, keeping good passive loss files (and records) and preventing tax losses from being temporarily or permanently
Practitioners are increasingly reporting a surge in IRS audit activity enforcing the passive activity loss rules. The pendulum of passive loss cases in the Tax Court, after decades, is swinging more favorably for the taxpayer. How to make sense of it all? This course enables the participant to compentently approach passive activity loss terrain to prevent trouble and create intended results.
**This course is approved by the IRS. The submission of a completed request form, found under the materials tab, is required for credit. Please send completed form to [email protected].
Delivery Method: Individual webcast
CPE Credit: Taxes
Program Level: Intermediate