Tag Archives: Installment sale in the United States

Default on Sale

Today TaxMama hears from Tony in Texas, with this tale of woe. “I sold a business and was never paid all of the money that was owed to me. The company closed and went out of business and never paid me. Can I go back to 2006, the year of the sale and recomputed the […]

Related Parties – Installments

Today we hear from Barry in WI who is doing research. He says, “I am searching for the IRS definition concerning related parties and installment notes between related parties and any new cases concerning this issue.”