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Congress put the passive activity loss rules in effect starting in 1987. They stop taxpayers from offsetting losses on passive activities against income from other
Congress put the passive activity loss rules in effect starting in 1987. They stop taxpayers from offsetting losses on passive activities against income from other sources.
Why did Congress impose these rules?
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Principles Of Financial Auditing
Authors: Athmane Mokhbi
1st Edition
B09LGTJJFG, 979-8763532265
