Court Considers Whether Moneygram is a Bank that Makes Loans

There are tax laws that provide significant tax advantages to banks. One of these laws allows banks to deduct capital losses against ordinary income. This allows banks to deduct losses immediately when others might have to carryover the loss to other tax years. There are other tax laws that are specific to banks. These laws […] The post Court Considers Whether Moneygram is a Bank that Makes Loans appeared first on Houston Tax Attorney.
Source: Houston Tax Attorney

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