Press Room

February 29, 2012

Tillett to Speak on Passive Activity Loss Rules

Monica Tillett, WTAS Managing Director, will speak on Passive Activity Loss Rules: Strategies for Pass-Throughs to Maximize Deductions on a Strafford webinar. This 110 minute CLE teleconference will will provide accounting and tax advisors with a thorough review of the latest passive activity loss guidance and rules to prepare returns that maximize permissible use of passive losses.

For decades, IRS rules have significantly limited deductions of losses from so-called "passive activities" for taxpayers with interests in passive entities. However, the standards continually evolve, as evidenced by several pieces of administrative guidance and rulings over the past year.

February 28, 2012

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