Concerns About CPA Letters to Third Parties

Article:  A CPA receives a request from a client to provide a letter to the client’s mortgage broker, lender, adoption agency, or other third party. Is there any harm in the CPA signing the client’s suggested letter or writing one...
Published on May 14, 2010

Significant Recent Developments in Estate Planning

Article:  This article examines developments in estate, gift, and generation-skipping transfer tax planning and compliance between June 2008 and May 2009.
Published on January 28, 2011

Sec. 382 Ownership and Fluctuation in Value

Article:  For a corporation with more than one class of stock, the effects stock price fluctuations can play a significant role in determining whether use of the NOLs could become limited as a result of trading and other equity shifts.
Published on May 02, 2010

When Plaintiffs in Class Actions Pay Tax on Attorneys Fees

Article:  The taxation of attorneys’ fees in opt-out class actions has become relatively clear, as long as certain elements are established. In opt-in cases, class members risk being tagged with income in the amount of the attorneys’ fees.
Published on July 22, 2010

S Corporation Sale of Assets Followed by a Liquidation

Article:  This item focuses on the specific tax implications to the seller of the sale of an S corporation's assets followed by a liquidation or a deemed asset sale followed by a liquidation.
Published on March 11, 2011

Current Developments in Employee Benefits and Pensions (Part II)

Article:  Though 2009 featured big changes in Washington and severe challenges for plan sponsors, the year brought largely incremental changes for qualified defined benefit and defined contribution plans as the IRS and the Department of Labor (DOL) continued to interpret recent statutory guidance and Congress provided some measures of relief.
Published on January 28, 2011

Significant Recent Developments in Estate Planning

Article:  This article examines developments in estate, gift, and generation-skipping transfer tax planning and compliance between June 2007 and May 2008.
Published on May 10, 2010