1. Please describe the concept of "double taxation" and discuss which entity(ies) are subject to this type of taxation.
2. What type of taxpayers are considered "eligible" taxpayers with regard to special ordinary loss treatment of IRC Section 1244 stock?
3. Please describe how the treatment of capital gains(losses) differ for a C Corporation as compared to an Individual.
4. Please describe the concept of "Depreciation recapture".