TaxClinic

Practical Advice
on Current Issues

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

Corporations & Shareholders

Sec. 338(h)(10) and the step-transaction doctrine

Depreciation

First-year bonus depreciation temp. regs.

QBU rules for luxury automobiles

Expenses

Calculating the home office deduction

Foreign Income & Taxpayers

Which treaties qualify for the JGTRRAs special dividend rate?

Gains & Losses

Defining real estate professional for PAL purposes

Procedure & Administration

Information reporting for payments to attorneys

IRS reclassifies royalties as wages

Tax debt not discharged in bankruptcy when Service prepares returns

State & Local Taxes

Mass. related-member interest or intangible expenses
 

If you would like more information about these items, contact Mr. Koppel at (617) 482-1100 or mkoppel@gggcpas.com.

Unless otherwise indicated, contributors are associated with Gray, Gray & Gray, LLP.