February

    The Tax Adviser February 2012 

    Articles

    Timing Considerations of Discharging Taxes in a Chapter 7 Bankruptcy
    Martha L. Salzman and Arlene M. Hibschweiler

    Current Developments in Partners and Partnerships
    Hughlene A. Burton

    Tax Planning Opportunities for Funding an IRA
    Wayne Counts, Raymond J. Shaffer, and David E. Stout

    Open Hide documents in this section

    Page  1 2
    Showing results 1 - 15 of 28
    Order by:


    Timing Considerations of Discharging Taxes in a Chapter 7 Bankruptcy

    Article This article discusses liquidations under Chapter 7 and focuses on individuals who are attempting to have their debts discharged, or wiped out, in bankruptcy.
    Published on April 19, 2013

    Circular 230 Its Day-to-Day Impact on Tax Practices

    Article While discussions about Circular 230 usually focus on the standards it imposes relating to tax returns and opinions, the breadth and scope of Circular 230 also regulates the day-to-day business operations of tax practitioners relating to fees, client solicitations, marketing and advertising, and the management of client files and records.
    Published on August 24, 2012

    Tax Planning Opportunities for Funding an IRA

    Article This article explores various funding choices for IRAs and provides an approach or model by which the tax adviser can optimize the funding choice, given the taxpayer’s tax-related goals.
    Published on August 24, 2012

    Invalid Sec. 754 Elections Some Observations

    Article This item discusses the requirements for a valid Sec. 754 election and then highlights some of the reasons for those late or missed elections.
    Published on August 24, 2012

    States Battle for R&D Investment by Enhancing Tax Incentives

    Article When evaluating the potential tax effect of research and development investments, taxpayers should be aware of the generous tax incentives offered by many states that can add to the benefit received for the federal R&D credit.
    Published on August 24, 2012

    Different States Approaches on Sales Tax Treatment of Deal of the Day Instruments

    Article Guidance on the sales tax treatment of prepaid discount vouchers or "deal of the day" certificates purchased on internet sites has been provided by several states recently, with more likely to follow soon.
    Published on August 24, 2012

    Proposed Regs. Relating to the Retail-Inventory Method

    Article The IRS issued proposed regulations relating to the retail-inventory method of accounting.
    Published on August 24, 2012

    Fourth Circuit Rejects Retroactive Accounting Method Change

    Article The Fourth Circuit upheld a 2008 Tax Court decision that a company could not retroactively change its method of accounting for credit card late fees even though it was on an improper method.
    Published on August 24, 2012

    The Dual Consolidated Loss Quandary

    Article The rules and regulations pertaining to dual consolidated losses are very complex;  practitioners should always be diligent and aware of possible DCL scenarios.
    Published on August 24, 2012

    Tax Court Rules Notice Not Required for Crummey Powers

    Article In Turner, the Tax Court ruled that actual notice of a benficiary's Crummey withdrawal right is not required to satisfy the present-interest requirement for the gift tax annual exclusion.
    Published on August 24, 2012

    IRS Launches Worker Classification Settlement Program

    Article The IRS unveiled a program that allows taxpayers to voluntarily reclassify independent contractors as employees and pay significantly reduced prior employment taxes, with no penalties or interest.
    Published on August 24, 2012

    Increased Focus on and Potential Ramifications of R&E Expenditures

    Article Many taxpayers may have noticed a recent increased IRS focus on R&E expenditures. As a result of this increased focus, it is time for taxpayers to increase their focus as well.
    Published on August 24, 2012

    Losses Related to an Insolvent Corporation

    Article The IRS issued a general legal advice memorandum that addressed the tax consequences when an insolvent foreign subsidiary of a domestic U.S. corporation elected to be classified as a partnership.
    Published on August 24, 2012

    Proposed Sec. 382 Regs. Simplify Small Shareholder Treatment

    Article Sec. 382 and the regulations thereunder rank among some of the most complex, nonintuitive rules in federal tax law, all aimed at curbing the practice of trafficking in NOLs, or other loss attributes, in a corporation.
    Published on August 24, 2012

    Final Hot Stock Regs. and Dunn Trust

    Article In October, Treasury issued final regulations that deal with the application of the Sec. 355(a)(3)(B) “hot stock” rule (T.D. 9548).
    Published on August 24, 2012

    Page  1 2
    Showing results 1 – 15 of 28
    Show Results per page
    Copyright © 2006-2014 American Institute of CPAs.