Securities, Capital Gains, Income Taxes

Tax-Loss Harvesting Part III: Investment Strategies

ASKramer Law on 8/11/2025

Taxpayers invest to make money and hope to earn a decent return on their investments. Tax-loss harvesting can be used as part of a taxpayer’s overall investment strategy without affecting investment returns, while offsetting...more

Tax-Loss Harvesting Part II: The Wash Sales Rule

ASKramer Law on 7/25/2025

At the beginning of this series, I mentioned briefly that taxpayers can use tax-loss harvesting approaches in tandem with a number of investment strategies, which we will go into in more detail in Part III. Many of these...more

Tax Court Calls Bluff on Hedge Fund’s Basket Option Contracts

Cadwalader, Wickersham & Taft LLP on 4/29/2025

The Tax Court recently held that a hedge fund’s basket option contracts were in substance tax ownership of the underlying basket securities. The hedge fund, through its affiliated entities, entered into 10 basket option...more

Going in Circles: The IRS Limits Puerto Rico Source Rules in Responding to Aggressive Tax Positions

Mayer Brown on 12/27/2024

The tax advantages for US individuals who become bona fide residents of US possessions can be substantial. These tax advantages have lured more than a few taxpayers to take unreasonably aggressive positions that they are...more

UK Tax Round Up - March 2023 - 2

Proskauer Rose LLP on 3/29/2023

Welcome to March’s edition of the UK Tax Round Up. This month’s edition features comments on the recent Spring Budget together with a summary of some recent case law involving VAT due on services provided to ex-VAT group...more

Responding To The Democratic Party’s Tax Plans

Farrell Fritz, P.C. on 8/24/2020

The Convention- The Democratic Party’s “virtual” convention last week seems to have gone pretty well. All the stars of the Party’s firmament were on hand and spoke in “virtually” one voice in their assessment of the...more