Search Help

Enter one of more keywords to search. Use quotes for “exact phrase.” Note that '*' and '?' wildcards are supported.

When your search results appear, you can refine your search further: Sort for only results in which all search terms appear AND/OR sort by chronological order.

Article Date:
September 2012

Word Count:



Tax Deductions Lost in Owner’s Equipment Rentals to His Corporation

Do you rent equipment or buildings to your business?


If yes, you will find this article of particular interest.


First, here’s the result of this case: Joseph Veriha had to pay $258,785 in additional income taxes for the one year before the Tax Court because he got the self-rental and passive loss rules wrong.1


The damage could have been worse, perhaps much worse, had the IRS attacked the gains and losses in each of the 191 individual leases as it should have according ... Log in to view full article.

Already a subscriber?
Email Address

You’ll be able to read the full article and get instant access to the last few issues of the Tax Reduction Letter
Not yet a subscriber?
with a money-back guarantee

Powered by Cranium Softworks - CMS, Subscription Mgmt & Web Development