Congress managed to make the complicated issue of cost basis even more complex. Now taxpayers and professionals are doing their best to adjust.
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Tag Archives: Wash Sale
Tag Archives: Wash Sale
Congress managed to make the complicated issue of cost basis even more complex. Now taxpayers and professionals are doing their best to adjust.
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A Harsh Yet Hard-To-Enforce IRS Position On Wash Sales
The tax system relies on voluntary compliance, but a harsh IRS position on wash sales penalizes taxpayers who do the right thing.
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