TaxClinic

Practical Advice
on Current Issues

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

IN THIS DEPARTMENT

Foreign Income & Taxpayers

U.S. companies take “aim” at the U.K. stock market

Gains & Losses

Gains on sales of QSB stock in light of Secs. 1045 and 1202

ISOs and AMT: improving the odds when gambling with the IRS

Gross Income

Highlights of the Sec. 199 final regs.

Individuals

Limits on rulings on NQSOs in divorce

Legislation

TIPRA covers some issues, neglects others

Procedure & Administration

Avoiding substantial penalties by properly reporting damage awards and settlements

State & Local Taxes

Beware Ohio’s CAT

State tax incentives after Cuno

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