TaxClinic

Practical Advice
on Current Issues

Co-Editors:
Michael Metz, CPA
Executive Vice President, Tax Services
RSM McGladrey, Inc.
Minneapolis, MN

Nick Gruidl, CPA, MBT
Director, National Tax Department
RSM McGladrey, Inc.
Minneapolis, MN

IN THIS DEPARTMENT

Accounting Methods & Periods

Time to evaluate cost-sharing arrangements

Corporations & Shareholders

Final basis regs. provide deferral opportunities in tax-free exchanges

Incorporating a partnership or LLC: does Rev. Rul. 84-111 need updating?

S holding companies and F reorgs.

Employee Benefits & Pensions

Sec. 83 risks when compensating founders in a new venture

Expenses

Energy-efficient commercial buildings deduction revisited

Gross Income

Rethinking Sec. 199 based on new developments

Partners & Partnerships

Partnership freezes after Castle Harbour

State & Local Taxes

Acquiring property? Remember sales tax due diligence

Unless otherwise indicated, contributors are members of or associated with Ernst & Young LLP.