A taxpayer could not deduct purported business expenses associated with writing and research activities held to be not engaged in for profit under Sec. 183.
Unauthorized distributions to a corporation’s shareholders did not terminate an entity’s S status since the shareholders did not authorize or create a second class of stock in the entity’s governing ...
Latecomers are seated at the discretion of management. The Book of Mormon follows two young missionaries who are sent to Uganda to try to convert citizens to the Mormon religion. One missionary ...