Frank Aragona Trust: A Taxpayer Win
By EsqSocial Corporation 07/05/14
In a case of first impression, Frank Aragona Trust v. Commissioner, 142 T.C. No. 9 (Mar. 27, 2014), the Tax Court held that a trust could materially participate in a trade or business based upon the activities of the trustees....
By: Levenfeld Pearlstein