Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Friday, January 21, 2005

Condolences - Death Of Your Stock

It can give you a bad feeling to see the value of one of your stocks decline. Worse still if the stock becomes completely worthless. The silver lining is the tax deduction allowed for worthless securities. It isn't easy to claim that deduction, though. Click here to learn what to do if you're stuck with shares of stock that have lost all their value.


Post a Comment

<< Home