Salesman’s Termination Payment Held Not For Goodwill Reviewed by Momizat on . The Tax Court also denies capital gain treatment but allows business deductions for a taxpayer's subsequent shooting activity. Recently, the Tax Court ruled tha The Tax Court also denies capital gain treatment but allows business deductions for a taxpayer's subsequent shooting activity. Recently, the Tax Court ruled tha Rating: 0
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Salesman’s Termination Payment Held Not For Goodwill

Posted date: March 27, 2019 In: QuickPress

The Tax Court also denies capital gain treatment but allows business deductions for a taxpayer’s subsequent shooting activity. Recently, the Tax Court ruled that an individual who received income as a nominee of a C corporation was not subject to the hobby loss rules of Sec. 183.

To read the full article in the Journal of Accountancy, click: Salesman’s Termination Payment Held Not For Goodwill.

The National Association of Certified Valuators and Analysts (NACVA) supports the users of business and intangible asset valuation services and financial forensic services, including damages determinations of all kinds and fraud detection and prevention, by training and certifying financial professionals in these disciplines.

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