Saturday, November 29, 2014

Final Regulations Address Gain or Loss Recognition for Identified Mixed Straddles

The IRS issued final regulationsaddressing the time for recognizing gain or loss accruing up to the date a taxpayer enters into an identified mixed straddle for such positions identified after Aug. 18, 2014.

Source: http://feedproxy.google.com/~r/AICPA_TaxAdvisor/~3/CHPISDy1ZUs/Tax_Clinic_03.aspx

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