A Harsh Yet Hard-To-Enforce IRS Position On Wash Sales

The Internal Revenue Service is fascinated by the sound of metal striking metal. So we could conclude, at least, based on the Service’s penchant for rattling sabers. One example of such misplaced attention cropped up in a ruling about wash sales. A wash sale occurs when a taxpayer sells a security, such as a stock […] View the full post at: A Harsh Yet Hard-To-Enforce IRS Position On Wash Sales Related posts: Quit Passing Laws and Enforce the Ones On the Books Taking Your Position in the “Go Nukes” Era Icahn Discloses Position in CIT Group