Layton L. Pace, Attorney at Law
Downturn Tax Planning
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This collection of articles focus on tax planning issues faced during a downturn in the economy.   Unfortunately, many issues remain fluid as the United States and California grapple with tax legislation to provide relief and secure revenues.

CASE FOR LOSSES -- OPERATING AND EXCESS LOSSES

CASE FOR LOSSES -- INTEREST AND DEPRECIATION EXPENSES

CASE FOR LOSSES -- DISASTER LOSSES

DEBT WORKOUTS -- GENERALLY

DEBT WORKOUTS -- CONTRIBUTIONS TO CAPITAL

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