Ficco provided some fundamental guidelines destined
for taxpayers to adhere to in order to keep off the right stuff issues with the IRS.
He emphasized the moment of mind the concept of
essence in asset transactions. Essentially,
taxpayers requisite recall the inaugural price
of the asset and answer the gains made upon its sale.
Ficco emphasized that taxpayers should pay publicity to the
contrariety dispute between the getting and sale prices, as this would determine the taxable gain
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