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	<title>Fairmark.com &#187; Trader Taxation</title>
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		<title>Tax Court Says Day Trading Is Dissipation</title>
		<link>http://fairmark.com/2011/03/25/tax-court-says-day-trading-is-dissipation/</link>
		<comments>http://fairmark.com/2011/03/25/tax-court-says-day-trading-is-dissipation/#comments</comments>
		<pubDate>Fri, 25 Mar 2011 18:45:06 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Taxation of Investments]]></category>
		<category><![CDATA[Trader Taxation]]></category>

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		<description><![CDATA[If you find yourself owing the IRS more than you can possibly pay, you may be able to settle for a reduced amount through a procedure called an offer in compromise. The IRS doesn&#8217;t always agree, however. Among other possible reasons, they may reject an offer in compromise if it appears you dissipated assets, consuming [...]]]></description>
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		<title>Friday Wrapup</title>
		<link>http://fairmark.com/2010/07/23/friday-wrapup-6/</link>
		<comments>http://fairmark.com/2010/07/23/friday-wrapup-6/#comments</comments>
		<pubDate>Fri, 23 Jul 2010 15:05:52 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[IRS Guidance]]></category>
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		<category><![CDATA[Taxation of Investments]]></category>
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		<description><![CDATA[Tax news for the past week included court cases of interest to investors and traders.]]></description>
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		<title>Part-Time Gambler Is Professional</title>
		<link>http://fairmark.com/2010/07/20/part-time-gambler-professiona/</link>
		<comments>http://fairmark.com/2010/07/20/part-time-gambler-professiona/#comments</comments>
		<pubDate>Tue, 20 Jul 2010 14:36:24 +0000</pubDate>
		<dc:creator>Kaye Thomas</dc:creator>
				<category><![CDATA[Court Rulings]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Trader Taxation]]></category>

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		<description><![CDATA[A new case demonstrates that a gambler or trader can be considered to have a business even if he pursues the activity part-time.]]></description>
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