TaxClinic

Practical Advice
on Current Issues

Editor:
Jerry L. Lerman, CPA
Managing Director
American Express Tax and Business Services Inc.
New York, NY

IN THIS DEPARTMENT

Corporations & Shareholders

Stock transfer to creditors generated deductions

Employee Benefits & Pensions

Final guidance on the tax treatment of NQSOs and deferred-compensation rights transferred in divorce

Estates, Trusts & Gifts

Beware the GST tax when preparing gift tax returns

IRS approves donor-managed investment account technique

Vow of poverty was not a disclaimer

Foreign Income & Taxpayers

Death of an expatriate

Gross Income

Pro-taxpayer decision on claim-of-right relief

If you would like additional information about these items, contact Mr. Lerman at jerry.l.lerman@aexp.com.

Unless otherwise indicated, contributors are members of or associated with American Express Tax and Business Services Inc.