TaxClinic

Practical Advice
on Current Issues

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Editor:
Anthony S. Bakale, CPA, MT
Cohen & Company, Ltd.
Certified Public Accountants
Baker Tilly International
Cleveland, OH

Credits Against Tax

NMTC: Can a leverage structure alleviate investors’ concerns?

 

Employee Benefits & Pensions

Employer benevolent fund administration

 

Estates, Trusts & Gifts

Electing to treat a revocable trust as part of an estate

 

Expenses

Are special school expenses a medical deduction?

Expense or capitalize roof repairs?

Private business aviation as an alternative to commercial airline travel

 

Foreign Income & Taxpayers

Corporate inversion planning strategies

Tax havens—shelter or shoulder?

 

Gross Income

Allocating settlement proceeds in employment cases

 

Partners & Partnerships

Tax allocations for securities partnerships

 

State & Local Taxes

A case for updating P.L. 86-272

 

If you would like additional information about these items, contact Mr. Bakale at TBakale@cohencpa.com.

Unless otherwise indicated, contributors are members of or associated with Baker Tilly International.