
Rental Losses Disallowed for a Licensed Real Estate Agent
The use of rental losses to offset other types of taxable income has been severely limited since the passive activity rules were added to the Internal Revenue Code in 1986.
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The use of rental losses to offset other types of taxable income has been severely limited since the passive activity rules were added to the Internal Revenue Code in 1986.

In a recent Memorandum decision, the Tax Court found that a couple was not permitted to take a tax deduction on their federal income tax returns for certain expenditures that

After an extended period of threatening to do so, the Internal Revenue Service issued proposed regulations affecting the valuation of closely-held business interests for gift and estate tax purposes. The

As they finished their time with GYF and prepared to head back to school, we asked our summer interns to share their thoughts about their experiences. Click on the links

Internet crime and identity theft are two major threats faced by accounting firms in today’s operating environment. New technology is released and implemented every day to allow CPAs to better
Greg McGuire Accounting – Penn State University If you’re looking to staple documents and fetch people coffee, this is not the place for you. If you’re looking to learn more
Dan Wiegmann Accounting and Business Administration, Finance – Thiel College Interning with Grossman Yanak & Ford LLP was one of the best career decisions I have ever made. The experience
Matti Huckestein Accounting – University of Dayton I knew since my sophomore year of high school where I wanted to go to college. After visiting my brother, I knew there
Lee Wishing IV Accounting & Finance – Grove City College Interning this past summer at GYF has been one of the best experiences of my college career. Accounting majors at
Heather Vizino Accounting – Geneva College People say you can never truly understand something until it happens to you. This is why I have such a hard time explaining to
Nich Leaman Accounting & Finance – Grove City College Leading up to the summer, I didn’t know what to expect as I began my first accounting internship. I had done

An individual who is compensated with stock or other property in connection with the performance of services typically must include as income the difference between the fair market value and
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