FasterTax with Ray Cummings of Greenoak Advisory

Company Loss Tests Top 3


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Most advisors can reel off the company loss tests as an ownership test and a same/similar business test. However, the depth of knowledge in these areas can be fairly limited particularly re:1.The operation of the continuity of ownership test2.Misunderstanding how the same/similar business tests operate and3.Not understanding the relevant test periods for these rules
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FasterTax with Ray Cummings of Greenoak AdvisoryBy fastertax