TaxClinic
Practical Advice
on Current Issues
Editor:
Michael D. Koppel, CPA, PFS
CPAmerica International
Westwood, MA
If you would like additional information about these items, contact Mr. Koppel at (781) 407-0300 or mkoppel@gggcpas.com.
In This Department
Accounting Periods & Methods
FAS 109 valuation allowance and cumulative losses guidance
Corporations & Shareholders
Transfers of personal goodwill in the sale of a closely held business
Credits Against Tax
Does imprisonment constitute a temporary absence when applying the EIC residency rules?
Depreciation
Catch-up opportunities for depreciation
Estates, Trusts & Gifts
Private annuities can still save estate taxes
Foreign Income & Taxpayers
2008 tax rate changes in China
Gross Income
Subprime lending controversy fuels familiar tax issues
Individuals
Self-directed IRAs: Advantages, challenges, and options
Procedure & Administration
Global harmonization of taxation
Practical considerations for the new paid preparer penalty rules and FIN 48
