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Tax Court in Brief | Patacsil v Comm r | Insolvency to Avoid Recognition of Cancellation-of-Indebtedness income; Net Operating Loss; Reliance on Tax Professional | Freeman Law

Summary: Ernesto Patacsil and Marilyn Patacsil (“Taxpayers”) owned a business that ran group homes for consumers with intellectual or physical maladies in California, being an expensive.

United statesErnesto patacsilHoldings splitTax courtIndopco incHealth humCommunity living advisory committeeFreeman lawMarilyn patacsilAging community living advisory committeeBusiness propertySplit resultsFor hildreth

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