TaxClinic

Practical Advice
on Current Issues

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Co-Editors:

Stefan Gottschalk, J.D., LL.M., CPA
Senior Manager

Mel Schwarz, J.D., CPA
Legislative Affairs Director

Grant Thornton LLP
Washington, DC

IN THIS DEPARTMENT

Corporations & Shareholders

Is it still the alternative minimum tax?

   

Depreciation

Company planes: the AJCA extends bonus depreciation, but grounds Sutherland Lumber

   

Employee Benefits & Pensions

Nonqualified deferred compensation plans: new rules under the AJCA

   

Foreign Income & Taxpayers

FTC baskets reduced to two

Interest expense allocation and apportionment options for FTC calculations

New repatriation dividend deduction

Supercharged FTCs

  

Individuals

Clergy housing allowances: IRS loses battle, wins war

  

Procedure & Administration

New reportable transaction guidance

   

Real Estate

The AJCA changes many REIT rules

  

If you would like additional information about these items, contact Mr. Gottschalk at (202) 521-1510 or stefan.gottschalk@gt.com , or Mr. Schwarz at (202) 521-1564 or mel.schwarz@gt.com.

Unless otherwise indicated, contributors are members of or associated with Grant Thornton LLP.