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Introduction to Capital Assets | Capital Gains Capital Losses | Income Tax Course | TCJA | CPA Exam
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YouTubeFarhat Lectures. The # 1 CPA & Accounting Courses
Introduction to Capital Assets | Capital Gains Capital Losses | Income Tax Course | TCJA | CPA Exam
For more visit: www.farhatlectures.com #taxes accountingstudent #cpaexam Recognized gains and losses must be properly classified. Proper classification depends on three characteristics: The tax status of the property (capital, § 1231, or ordinary). The manner of the property’s disposition (sale, exchange, casualty, theft, or condemnation ...
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