TaxClinic

Practical Advice
on Current Issues

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Editor:
Michael D. Koppel, CPA
Partner
Gray, Gray & Gray
Accounting Firms Associated, inc. (AFAi)
Westwood, MA

If you would like additional information about these articles, contact Mr. Koppel at (617) 482-1100.

Accounting Methods & Periods

Physician practices and proper accounting methods

   

Employee Benefits & Pensions

IRA beneficiary documents

 

Estates, Trusts & Gifts

Filing income tax returns for life insurance trusts

Sec. 2032(d)(2) time limit for electing AVD

 

Expenses

Vacation homes

 

Gains & Losses

ISOs in a down market

Interaction between Sec. 1202 and other provisions

New five-year capital gain rates

Safe-harbor procedure for reverse like-kind exchanges

   

Gross Income

Attorneys' contingent fees

 

LLCs & LLPs

Partnership bifurcation

Unless otherwise indicated, contributors' firms are associated with AFAi.