A recent case indicates that a taxpayer can be a passive investor in a facility and have a medical practice which is nonpassive, even though the facility is used by the taxpayer in his practice.
Congratulations to Angela Dorn, CPA, Partner. She has successfully completed the AICPA’s Not-for-Profit Certificate. This certificate requires a comprehensive, foundational understanding [...]
Leases–A Debriefing of the New Standard as published by the Asset, May 2016.