Tax Court issues several rulings that affect individual taxpayers

12/9/2012 | Tax Adviser, The

Recent rulings from Tax Court involve how to calculate the qualified residence interest limitations, and the value of a house in a charitable contribution. The court also ruled that a taxpayer whose bar was condemned while he was in prison was permitted to establish the basis of the building using his testimony and the testimony of bar employees and neighbors.

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Tax Adviser, The

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