Confidential v. Commissioner of Internal Revenue Service

Henry Daniel Lively

Case Conclusion Date:January 16, 2012

Practice Area:Tax

Outcome:IRS conceded that activty was active and taxpayer had basis for his losses.

Description:Represented Taxpayer in United States Tax Court case whereby the government alleged that the taxpayer was a passive rather than active investor and that he did not have basis to take losses over numerous years for his entity.