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July 10, 2009

Deductibility of LLC Tax Losses. Garnett v. Commissioner (Tax Ct. 2009)

Over on Tax Prof, Paul Caron notes the recent opinion in Garnett v. Commissioner, 132 T.C. No. 19 (June 30, 2009), that allows LLC members to apply its losses to offset other income.

posted by Gary Rosin

July 10, 2009 in LLC Cases | Permalink

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