By Les Raatz Thirty years ago, Congress passed the Tax Reform Act of 1986. Within the Act, the Passive Activity Loss (PAL) rules limited the ability of taxpayers to take income tax loss deductions from business or rental real...Read More
Tax Blog is published by Dickinson Wright PLLC to inform the public of important developments within the firm and practice areas. The content is informational only and does not constitute legal or professional advice. We encourage you to consult a Dickinson Wright attorney if you have specific questions or concerns relating to any of the topics covered in this blog.