Comprehensive List of Resources Related to the Taxation of Employee Benefits
This page provides a comprehensive listing of Tools and Aids in the area of employee benefits taxation.
Published on June 11, 2013
Tax Court Stops Taxpayers from Avoiding 40% Penalty by Conceding on Alternative Grounds
The Tax Court refused to grant partial summary judgment to a partner who had conceded his tax shelter case on grounds other than valuation in an attempt to avoid the 40% gross valuation misstatement penalty.
Published on March 26, 2013
Tax Careers for CPAs
Tax Careers for CPAs explains what tax practice is and why it just might be the career for you.
Published on March 23, 2010
Congressional Subcommittee Hearing Centers on Expiring Tax Provisions
Witnesses told the House Ways and Means Select Revenue Subcommittee why particular tax breaks should be extended or made permanent in a hearing on April 26.
Published on April 27, 2012
Comprehensive Resources List for State and Local Taxation
This is a comprehensive list of resources including checklists, guides, archived webinars, and articles related to state and local taxation.
Published on September 30, 2013
Numerous Provisions Expire at Year End
Practitioners should be aware that dozens of credits and other tax incentives are expiring Dec. 31 and should prepare their clients accordingly.
Published on December 06, 2013
Supreme Court Resolves Circuit Split on 40% Gross Valuation Misstatement Penalty
The Supreme Court held that the 40% penalty for a gross valuation misstatement applied when the partnerships at issue had been determined to be shams that lacked economic substance, and, as a result, the partners’ outside basis in the partnerships was zero.
Published on December 05, 2013
TaxEalert New Tax Planning Brochures to Inspire Year-Round Client Contact, AICPA Makes Recommendations to IRS on Guidanc...
Published on August 02, 2013
2011 Offshore Voluntary Disclosure Initiative (OVDI)
On February 8, 2011, the IRS announced the 2011 Offshore Voluntary Disclosure Initiative (OVDI), designed to bring offshore money back into the U.S. tax system and help people with undisclosed income from hidden offshore accounts get current with their taxes. The OVDI is available through August 31, 2011. Numerous resources
Published on April 09, 2013
Presidents Budget Proposes AMT Elimination, Tax Reform
President Barack Obama unveiled his proposed budget for FY 2013. It includes several tax reform proposals, including plans to eliminate the AMT, to repeal LIFO, and to tax dividends of high-income taxpayers at ordinary income rates.
Published on February 14, 2012