David R Myrland

This manual focuses on Tax Code § 83 which remains unknown to the accounting industry, the legal profession, and IRS personnel. HOWEVER, the courts say that § 83 is universally applicable and fundamentally governing: US Tax Court: "The amount taxable as ordinary income was the lesser of the fair market value of the stock... over the individual's cost of the stock....the language of the section Tax Code § 83 covers the transfer of any property transferred...