Quick note; On page 8 of the “IRS Revenue Ruling”, the “Issue 5. Net operating loss” is no longer valid.
As of today the IRS has not updated it on their website.
https://www.irs.gov/newsroom/help-for-victims-of-ponzi-investment-schemes
The timing of the IRS tax loss claim is very important. Value can be lost without good professional advice. Contact Richard S. Lehman Today.
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