A Road Map of Tax Consequences of Modifying Debt
Article:
As a result of the recession, many borrowers are “underwater” on their loans (the property is worth less than the loan balance). This has led to a substantial increase in debt restructuring activity.
Published on June 01, 2012
Tax Court Uses Cost-to-Partition Approach to Value Fractional Interest Discount
Article:
A recent Tax Court case provides a road map for calculating the fractional interest discount in the absence of credible comparable sales data
Published on June 16, 2011
New Decanting Statutes Offer Road Map for Escaping Fiduciary Tax and Updating Trust Terms
Article:
As trust decanting statutes proliferate, federal and state taxing authorities must wrestle with the income, estate, and gift tax issues raised by decanting.
Published on April 01, 2013
AICPA News Update - August 3, 2012
Newsletter:
In this issue: AAA and AICPA Release Pathways Commission Report, 2012 PCPS/TSCPA National Map Survey Has Been Extended, ASB to Vote on Issuance for Exposure Proposed Amendments to SAS No. 122, Working Draft of Proposed Audit and Accounting Guide, Not-for-Profit Entities...
Published on August 03, 2012
Redemptions in Conjunction with Partnership Mergers Can Create Unexpected Tax Consequences
Article:
...Editor: Frank J. O'Connell, Jr., CPA, Esq. The IRS has provided a road map for partnership mergers or consolidations in Regs. Sec. 1.708-1(c). When two or more partnerships merge or consolidate into a single partnership, the resulting partnership is, for...
Published on April 20, 2010
The Tax Adviser June 2012
Publication:
...Articles Section 530 Relief for Worker Classification Controversies Claire Nash A Road Map of Tax Consequences of Modifying Debt How
Published on July 01, 2012
AICPA News Update - June 1, 2012
Newsletter:
In this issue: AICPA Comments on Potential Single Audit Revisions, House of Representatives Passes AICPA-Supported Mobile Workforce Bill, Make Sure Your Firm Counts: Participate in the 2012 National MAP Survey, How to Turn Data into Decisions, Get Mobile Access to All the Accounting News You Need through the New Journal of Accountancy News iPad
Published on June 12, 2012
Seminar Marketing
Article:
A new way to zero in on new clientele.
Published on January 28, 2011
IRS Determines That Dual Purpose Photovoltaic Property Qualifies as Energy Property
Article:
Many taxpayers calculating the amount of the energy credit available under Sec. 48 face a hurdle in determining whether certain structural components that serve a dual purpose qualify as energy property. In Letter Ruling 201043023, the IRS addresses this issue in the context of a photovoltaic (PV) curtain wall and
Published on February 01, 2011
AICPA News Update Vol. 13 No. 23
Newsletter:
Download updated IFRS Backgrounder
Published on June 09, 2010
AICPA News Update Vol. 13 No. 32
Newsletter:
Member ballot in the mail; Accounting education commission announced
Published on January 28, 2011
AICPA News Update - Oct. 5, 2012
Newsletter:
In this issue: DC Enacts CPA Mobility Law; 2012 PCPS Succession Survey Reports Detail Practitioners’ Succession Plans; CGMA Global Economic Forecast Released; Free Webcast on Oct. 10; Catch Up on AICPA Insights®
Published on October 08, 2012
Is Your Business Intelligence Project Successful
Article:
How the familiar questions — who, what, when, where and how — can identify the right business intelligent tool software for your firm.
Published on June 01, 2011
Jean Caragher Session at 2011 Practitioners Symposium and TECH Conference
Conference Materials:
Jean Caragher: Session at 2011 Practitioners Symposium and TECH+ Conference
Published on May 11, 2011
The Effect of IFRS Implementation on Tax
Article:
The primary goal of this article is to explain how the implementation of IFRS (whether through convergence or adoption) would affect tax.
Published on January 28, 2011