My client brought all kinds of papers re Worldcom. There seems to be mention of a fraud loss and I think there is a capital loss as well. I assume this loss or losses are to be taken in 2007. Has anyone figured this out?
Announcement
Collapse
No announcement yet.
Worldcom
Collapse
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.