Tax Lien Attached to Property Transferred in Divorce
...Office of Chief Counsel advised a member of the National Taxpayer Advocate Office that a tax lien attached to property that a husband transferred to his wife in a divorce settlement where the quitclaim deed conveying the property was not registered prior to the filing of a Notice
Published on January 28, 2011
Keeping Alimony from Being Reclassified as Nondeductible Payments
This column discusses the tax implications of alimony or spousal support, with a focus on the specific criteria that payments must meet to qualify as alimony.
Published on April 20, 2012
Business Valuation Publications
Recommended Business Valuation publications designed to help develop and hone skills in this complex practice area. Suggested resources and tools by the Forensic and Valuation Section to make sure you get the resources and tools you need.
Published on October 21, 2013
Fraud and Forensic Publications
If you’re a CPA working in fraud or forensics, you have to work hard to keep up with cutting edge techniques and outthink potential perpetrators. AICPA's fraud publications help you do just that.
Published on July 19, 2013
Income From Partnership Is Community Property
The Tax Court held that a taxpayer was taxable on her community property share of the income from a partnership that her husband funded without her consent with community property.
Published on April 30, 2014
The Long Arm of Community Property Laws
The impact of community property laws on tax issues is vast and complex. Advisers must be mindful of this when learning about their clients, whose geographical history may be as important to consider as their financial and business background.
Published on January 28, 2011
Making Gifts to Minors
This column discusses the advantages and disadvantages of gifting under the Uniform Gifts to Minors Act or the Uniform Transfers to Minors Act and in what kinds of situations each should be used.
Published on May 03, 2011
Guidance Issued on Dividing CRTs, Assisting Divorcing Couples
The IRS recently issued Rev. Rul. 2008-41, confirming that charitable remainder trusts (CRTs) can be divided into separate but equal trusts for each recipient without adverse tax consequences.
Published on March 11, 2011
Prop. Regs. on Dependency Exemption for Noncustodial Parent
Generally, under the uniform rules defining a “qualifying child” of a taxpayer, the child must have the same principal place of abode as the taxpayer for over half the year. Special rules for parents who are divorced or legally separated or who live apart
Published on April 19, 2010
AICPA News Update - February 10, 2012
In this issue: 2011 Tax Practice Guides & Checklists, Brush Up on Practice Standards for Preparing Returns, New Tax Practitioner’s Toolkit with Resources to Help Members Communicate and Promote Their Value, Become a Member of the Tax Section, Sign Up for Free CPA Letter Daily to Get Tax News Each Weekday, Tax Publications Offer Timely
Published on March 09, 2012