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Taxpayer Bound By Allocation Agreements
February 3, 2012
P and the members of its affiliated group were engaged in the business of poultry processing. P acquired a poultry processing plant in Sebastopol, Mississippi. P al...

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Recent Reports

"Payments on the Notes"
February 2, 2012
Corporation A, (CA), is, and has been since prior to Date 1, a member of the affiliated group of which TP is the common parent ("the Group). CA issued the non-...
Wash Sales and Put Options
February 1, 2012
Where a taxpayer sells a security and realizes a loss on the sale, the loss will be deductible provided that the taxpayerhas not engaged in a "wash sale&...
Adjunct Professor Is a "Common Law" Employee of University
January 31, 2012
Petitioner, (S),served asan adjunct professor at Nova Southeastern University, (NSU), during 2006 and taught online courses in economics. &...
Eastman Chemical Will Benefit From Solutia's NOLs
January 30, 2012
Eastman Chemical Company, (E), and Solutia, Inc., (S), each a company that was spun-off manyyears agofrom another company, announced that they have ente...