Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!linus!decvax!harpo!utah-cs!utah-gr!thomas From: thomas@utah-gr.UUCP (Spencer W. Thomas) Newsgroups: net.taxes Subject: Re: tax avoidance vs tax evasion Message-ID: <987@utah-gr.UUCP> Date: Mon, 14-Nov-83 07:05:10 EST Article-I.D.: utah-gr.987 Posted: Mon Nov 14 07:05:10 1983 Date-Received: Tue, 15-Nov-83 04:30:30 EST References: cbscd5.1000 Lines: 7 Note: the Congress recently changed the time constant for long term vs short term capital gains/losses to 6 months. Not sure when this goes into effect. This can have a negative effect if you're trying to offset income, since you'd like to show them as short term losses (on the other hand, you want to show gains as long term). =Spencer