$1.$ Many years ago, Jack purchased $400$ shares of Canary stock. During the current year, the stock became worthless. It was determined that the company $$went under$$ because several corporate officers embezzled a large amount of company funds. Identify the relevant tax issues for Jack.

$2.$ Amos began a business, Silver LLC $($a single$-$member LLC$),$ on July $1,2019.$ The business extracts and processes silver ore. During $2022,$ as a result of a decline in demand for silver ore, Amos expects to generate a large loss. Identify the relevant tax issues for Amos.

$3.$ Thomas believes that he has an NOL for the current year and plans to carry it forward, offsetting it against future income. In determining his NOL, Thomas offset his business income by alimony payments he made to his ex$-$wife and contributions he made to his traditional Individual Retirement Account $($IRA$).$ His reason for using these items in the NOL computation is that each item is a deduction for AGI. Identify the relevant tax issues for Thomas.