Rescission isn’t a one-sided deal. (2) The go-back must occur in the same tax year as the deal. The IRS covers this in Revenue Ruling 80-58. It’s this strict timing rule that’s usually the ...

A rescission motion put forward by councillor Tony Judge was defeated five votes to four at Thursday’s council meeting. The motion was backed by councillors Julie Sechi, Paul Amos and Jonathan ...

who challenged the compensation plan Tesla instituted in 2018 and won rescission of that plan at trial, are to be paid $345 million either in cash or Tesla shares. In March, those attorneys had ...