Madoff et atl - New IRS RevRul and RevProc re Theft Losses

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jcolvin2
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Madoff et atl - New IRS RevRul and RevProc re Theft Losses

Post by jcolvin2 »

The IRS issued a revenue ruling regarding theft losses. It also issued a Revenue Procedure providing for an optional safe harbor method for claiming theft losses in cases like the Madoff case.

http://www.irs.gov/pub/irs-drop/rp-09-20.pdf
http://www.irs.gov/pub/irs-drop/rr-09-09.pdf