Table of Contents - February 2008
Note: In accordance with IRS Circular 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before the Internal Revenue Service, the information on this website is not intended or written to be used as, and cannot be used as or considered to be a "covered opinion" or other written tax advice, and should not be relied on for the purpose of (1) avoiding tax-related penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or tax-related matter(s) addressed herein, for IRS audit, tax dispute or other purposes.
Bullets indicate items in the Tax Clinic department.
ACCOUNTING METHODS & PERIODS
• Accounting Method Change Procedures: One Possible Solution
CHARITABLE CONTRIBUTIONS
Substantial Compliance Insufficient to Allow Charitable Deduction
CORPORATIONS & SHAREHOLDERS
• Interpreting SEC Schedules 13D and 13G for Sec.382 Purposes
CREDITS AGAINST TAX
Regulations Provide Guidance on Child and Dependent Care Credit by Ellen D.Cook
EMPLOYEE BENEFITS & PENSIONS
• Identifying Specified Employees Under Sec.409A
• Substantial Risk of Forfeiture Under Sec.457(f)
EMPLOYMENT TAXES
IRS Announces Program to Share Employment Tax Exam Results with States
Early Retirement Payments to Former Tenured Faculty Members Are Subject to FICA
EXEMPT ORGANIZATIONS
Temp.Regs.Give Rules on e-Postcards for Exempt Organizations
GROSS INCOME
Uncertainty Governs Advance Trade Discounts by Glenn Walberg
INDIVIDUALS
Recent Developments in Individual Taxation
LEGISLATION
Late Legislation Affects AMT, Mortgage Foreclosures, FUTA
LLCs& LLPs
Planning for Current Distributions from an LLC
PARTNERS & PARTNERSHIPS
• Special Issues Related to Distributions of Partnership Interests by Estates and Trusts
Current Developments in Partners and Partnerships by Hughlene A.Burton
PRACTICE & PROCEDURES
Final Regs.Provide Rules for Entities Required to File Electronically
• Circular 230 Conflicts of Interest
AICPA Tax Section Accomplishments in 2007
PROCEDURE & ADMINISTRATION
• Temp.Regs.Expand IRS Offset Authority
• IRS Issues Reporting Requirements for Transactions of Interest
TAX EDUCATION
Curriculum Tools for Tax Educators


