Analyze the statutory framework surrounding IRC Section 183 and the regulatory nine-factor test utilized by the Tax Court.
DESIGNED FOR
All tax practitioners
BENEFITS
Strengthen your ability to assess business-loss deductions, identify potential IRS challenges and advise clients on defensible tax positions.
HIGHLIGHTS
Beyond hobby losses, the session explores alternative statutory attacks routinely employed by the IRS under Sections 162, 274, 465, and 469, as well as a few case studies.