LAR Bulletin Board

2015 Committee Preference Form

CHANGE OF VENUE / NEW LOCATION - RPA-Modesto Class - Thursday, 10/30/14

DUE TO OVERWHELMING RESPONSE
CHANGE OF VENUE
NEW LOCATION…MODESTO ELKS LODGE
645 Charity Way, Modesto
 

LAR 2015 Election Results

California E&O Insurance From RealCare

NEW IRS LETTER - IRS Issues Short Sale Tax Clarification

NEW IRS LETTER

IRS Issues Short Sale Tax Clarification

After receiving comments from California tax practitioners and its own review of California law, the IRS has issued a clarification to its September 19, 2013 letter to Senator Barbara Boxer concerning short sales and taxes on the forgiven debt. The new IRS letter indicates that forgiven short sale debt is not subject to cancellation of debt (COD) income only if it is non-recourse at its inception and that their prior letter was overly broad.

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