The National Directory of Certified Public Accountants

Ask A CPA - Ponzi Scheme Losses

Revenue Procedure 2009-20 - Compliance

Revenue Procedure 2009-20 simplifies compliance for taxpayers by providing a safe-harbor means of determining the year in which the loss is deemed to occur and a simplified means of computing the amount of the loss. Go to IRS Website to access Ruling.

If you need professional help with "Ponzi Scheme Losses" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.