Accounting Methods &
Periods
Accounting-method changes, liberalized rules. 02:488, 555, 558.
Acquisitions, accounting and tax treatment. 02:492.
Advance
payments. 03:313.
Cash
method
ability to use. 02:522.
small businesses. 02:623.
Component depreciation. 02:496.
Cost-segregation study. 02:691.
Deferred ticket revenue. 02:755.
Depreciation of greens and tees. 02:487.
Disputed invoices. 03:170, 330.
Inventory
LIFO IPIC method. 02:419.
UNICAP simplified method. 03:67.
vehicle-parts cost. 03:127.
MACRS,
property classification. 03:296.
Midquarter convention, election out.
02:492.
Nonaccrual experience method. 03:311.
Agriculture
Income
averaging. 03:211.
Bankruptcy & Insolvency
Tax
Court jurisdiction. 03:314.
Charitable Contributions
Donated
warrants. 02:752.
Donations to agent. 03:4.
Consolidated Returns
Anti-loss-duplication regs. 03:7.
Attribute reductions from discharge of debt. 02:422; 03:128.
Inventory methods. 03:12.
Corporations & Shareholders
A and C
reorganizations, use in restructurings. 02:652.
AMT
depreciation adjustment. 03:54.
Anti-Morris
Trust regs. 02:560.
Basis
shifting. 03:13.
Buy-sell agreements. 03:200, 284.
D
reorganizations. 03:319.
Goodwill, personal vs. business. 03:346.
Installment notes in liquidations. 02:526, 590.
Liquidation-reincorporation doctrine. 03:316.
Mergers
disregarged entities. 03:253.
SMLLCs. 03:186.
PSC,
unreasonable compensation. 03:187.
Recent
developments. 03:42.
Sec.
351(g), preferred stock boot. 03:318.
Sec.
355, expansion vs. acquisition. 03:252.
Stock
basis after redemption. 02:753.
Credits Against Tax
EITC.
02:545, 612.
New
markets tax credit. 02:454, 689.
R&E
credit. 03:254.
Depreciation
Bonus
depreciation, eligibility computation. 02:426.
Buildings. 02:496.
Component depreciation. 02:496.
Goodwill. 03:68.
Greens
and tees. 02:487.
Midquarter convention, election out. 02:492.
Employee Benefits & Pensions
Blackout rules. 03:15.
Current
developments. 02:720, 784.
Defined
contribution plans. 03:256.
Employee
discounts. 02:610.
tuition reduction. 02:677.
Health
insurance, reimbursements of pre-tax contributions. 02:624; 03:257.
IRAs,
RMDs. 02:756.
LTC
insurance. 02:499.
Plan
loans, problem correction. 02:429.
Profit-sharing plans. 02:564.
Retirement plans
distribution guidance. 02:497.
strategies. 02:700.
Sec.
457 plan regs. 02:698.
Split-dollar life insurance. 02:620.
Stock
options. 02:430, 626.
Estates, Trusts & Gifts
BIG tax
as valuation factor. 02:758.
Cascading IRA beneficiaries. 03:34.
CRATs.
02:770.
CRTs.
02:700.
Estimated taxes. 02:565.
FLPs.
02:628, 758; 03:69, 191, 271, 368.
General
power of appointment property. 02:473.
Gifts
of ownership interest in a business. 02:500.
GRATs,
contingent spousal annuity. 03:297.
IRA
rollovers from trusts. 03:236.
Life
insurance trusts. 03:258.
Recent
developments. 02:584.
Sec.
67(e) investment management fees. 02:646.
Trusts,
self-dealing. 03:16.
Valuation, IRA discounts. 03:64.
Excise Taxes
Communications tax. 03:16.
Exempt Organizations
Car
donation program. 03:70.
Corporate sponsorship final regs. 02:566.
Excess
benefit transactions. 03:260.
capital losses. 03:133.
Political organizations, tax reporting. 03:261.
Self-dealing. 03:17.
Expenses
Business
abandoned transactions. 03:115.
aircraft use. 02:433, 634.
asbestos removal. 03:298.
capitalize vs. expense. 03:72, 262.
intangibles. 02:432; 03:114.
cooperative advertising reimbursements.
03:321.
electronic receipts. 03.237.
employee-owner compensation. 02:630.
impact fees. 02:702.
LILO transactions. 03:17.
meals and entertainment, use of statistical
sampling. 02:568.
purchase vs. lease. 02:702.
sales price adjustments and claim of right.
02:632.
Sec. 67(e) investment management fees.
02:646.
Sec. 179. 02:633, 762.
software costs. 02:760.
Interest, see Interest Income & Expense.
Law
librarian, cost of obtaining law degree. 02:678.
Medical, tuition and related fees for disabled students. 02:701.
Teachers. 02:417.
Foreign Income & Taxpayers
Allocation of breach-of-contract damages. 02:740.
Canadian LLC trap. 02:504.
CFCs
treatment of partnership income. 02:705.
Corporate reporting requirements. 03:74.
ETI tax
benefit for domestic sales. 02:706.
Expatriation. 02:741; 03:184, 326.
Foreign
and
tax-exempt partners tax years. 02:708.
sale of U.S. partnership interest. 03:264.
FTCs.
02:436; 03:184.
Hybrid
entities, payments to related foreign interest holder. 03:134.
International double taxation. 02:636.
Internet transactions. 03:206, 272.
Mutual
fund regs. 03:184.
PFICs
and
CFCs. 03:328.
indirect ownership. 03:324.
PTI.
02:434.
Sec.
382, application to foreign corporations. 02:501.
Switzerland, 50/50 practice. 02:502.
Treaties. 02:553.
LOB
provisions. 02:436.
U.S.
bank-deposit interest paid to NRA. 03:134.
residency planning. 03:75.
Gains & Losses
Abandonment loss. 03:115.
Assignment of income. 03:22.
Capital
gain
deemed-sale election. 02:521.
18%
capital-gain-rate election. 02:620.
Hedges
of debt instruments. 03:137.
Home
sale. 02:508, 762.
Sec. 121 regs. 03:265.
Like-kind exchanges
qualified intermediary. 03:64, 78.
vehicle dealers. 03:20.
LLCs,
maximizing loss use. 02:714, 776.
Marital-related stock redemptions. 03:266.
NOL
carryback election. 02:416, 438.
Personal guaranty. 03:193.
Short
sales. 02:484.
Straddle transactions. 03:21.
Wasting
assets. 02:569.
Gross Income
Accrual
of tax refunds. 03:268.
Contingent attorneys fees awards. 03:238.
Disputed invoices. 03:330.
DOI
income. 03:333.
Medical
expenses, reimbursements. 03:56.
Per-diem allowances. 03:115.
Refundable deposits. 03:79.
Vacation home planning. 02:510.
Individuals
Alimony
recapture. 03:166.
Capital
gain deemed-sale election. 02:521.
Commodity traders and self-employment tax. 02:474.
Coverdell ESAs. 03:268.
Days
spent paying taxes (chart). 02:417.
Disaster relief. 02:440.
Higher
education Sec. 529 plans. 02:638.
Inflation adjustment factors. 03:5.
Innocent spouse relief. 02:552, 764.
IRAs.
02:709.
Life
insurance. 02:532.
Medicaid eligibility rules. 03:276, 354.
Nonstatutory stock options and nonqualified deferred compensation.
02:512.
Per-capita Federal tax burden (chart). 02:621.
Retirement planning. 02:511.
Savings
bonds. 02:514.
Sec.
83(b) election. 02:471.
Social
Security income base. 02:416, 475.
Teachers expense deduction. 02:417.
Timeshare rentals. 02:738.
Interest Income & Expense
COLI.
02:766.
Contingent convertible bonds. 03:137.
Deduction of interest owed to related foreign person. 02:570.
Interest on tax deficiencies. 02:765.
Uniform
capitalization rules. 03:171.
Legislation
Community Renewal Tax Relief Act of 2000. 02:454, 688.
EGTRRA.
02:532, 564, 584, 638, 664, 700, 720, 770.
Individual and Small Business Tax Simplification Act of 2003.
03:308.
Job
Creation and Worker Assistance Act of 2002. 02:417, 426, 444, 453,
634, 660, 702; 03:312.
Sarbanes-Oxley Act. 02:621, 732; 03:42, 288.
Victims
of Terrorism Tax Relief Act of 2001. 02:440; 03:65.
LLCs & LLPs
LLCs,
maximizing loss use. 02:714, 776.
Sec.
465 and DROs. 03:271.
SMLLC
due-process notices. 02:476.
Miscellaneous
Hiring
disabled workers. 03:65.
Partners & Partnerships
Basis
rules. 03:251.
Contributing accounts receivable to a cash-basis partnership.
02:674.
Disguised sales. 03:334.
FLPs.
03:271.
Judgment creditors. 02:518.
Partnership interests, options to acquire, noncompensatory. 03:336.
Payments to retiring partner. 02:516.
Resale
of self-developed property. 02:402.
Tax-shelter shams. 03:174.
Passive Activities
AEUs.
02:572.
Pensions
See
Employee Benefits & Pensions.
Personal Financial Planning
FLPs.
03:223.
GRATs.
02:664.
IDITs.
03:48.
ISOs.
02:459.
Practice & Procedures
Accuracy penalty defenses. 03:125.
Amortizing organization costs. 03:112.
Arbitration and mediation. 02:464.
Attorney-client privilege. 02:670.
Circular 230 final regs. 02:621; 03:26, 96.
Current
developments. 03:100.
FICA
taxability of severance pay.
02:468.
IRS
compliance efforts. 02:462.
FICA assessment on unreported tips. 02:640,
672.
industry issue resolution program. 02:466.
Mediation, collection FTM. 02:669.
Offers
in compromise. 03:4, 52.
Offshore voluntary compliance program. 03:226, 228, 308.
TEAMs.
02:668.
TEC
inititiatives. 03:288.
Tax
shelters
exempt transactions. 03:200.
final regs. 03:338.
IRS
initiatives. 03:309.
tax-accrual workpapers. 03:309.
temp. regs. 02:485, 753; 03:86, 142.
Practice Management
E-filing. 02:597.
Knowledge management. 03:361.
SOL on
tax refunds. 03:163.
Tax
protester arguments. 02:790.
Procedure & Administration
Adequate disclosure. 03:57, 185.
Attorneys, gross-proceeds payments. 02:712.
Audit
initiatives. 03:195.
priorities. 02:689.
tax-accrual workpapers. 03:309.
Burden-of-proof. 03:193.
Check-the-box election, late, relief. 02:744; 03:24.
COD
income repayment and refund claim. 02:680.
Collection actions, unlawful. 03:251.
Electronic
filing. 03:250.
eligibility of tax preparer. 02:679.
subscriptions. 03:125.
Employment tax
employee settlements. 03:240.
responsible person. 02:753.
ERP
systems and record retention. 02:442.
Estimated tax, additions to tax. 03:372.
FICA on
tips. 02:484, 519.
Foreign
bank account transactions, reporting. 03:185.
FSA use
by taxpayers. 02:448.
Information reporting. 02:444.
Innocent spouse. 03:240, 372.
IRS
mailing addresses. 03:250.
Office of Appeals. 03:230.
K-1
matching program. 03:232.
LMSB
realignment. 03:51.
National issues update. 03:33.
Offers
in compromise. 02:552; 03:4.
Office
of professional responsibility. 03:125.
Overpayment SOL. 03:124.
Payroll
taxes
severance pay. 03:80.
wages, in general. 03:148.
QI
audits. 02:768.
Refund
claim SOL. 03:197.
suit, timeliness. 02:620.
Responsible person. 03:301.
Return definition. 02:743.
SMLLC
due-process notices. 02:476.
SSTSs.
02:794.
Statistical sampling by taxpayers. 02:449.
Superseding returns. 02:441.
Tax
Court
equivalent hearing. 03:57.
jurisdiction on underlying tax liability.
02:642.
opinion confidence levels. 02:445.
TEAM
pilot program. 02:417.
Timely
mailing/filing rule. 02:689.
Tips,
unreported, employer FICA tax assessment. 02:640, 672.
Worker
classification. 03:176.
Real Estate
Timeshare rentals. 02:738.
S Corporations
Basis
computation. 02:768.
Current
developments. 02:660, 726.
Economic-outlay doctrine. 02:643.
ESBTs.
02:574.
ESOPs.
03:197.
Fringe
benefits. 03:293.
LIFO
reserve recapture. 02:576, 613.
Officer
as employee. 02:688.
Pre-death stock redemptions. 02:796.
QSub
election after acquisition. 02:450.
Sec.
444 election. 02:543.
Self-employment tax. 03:80.
Suspended losses
use
against C corporation basis after merger.
02:577.
use
in reorganization. 02:713.
Special Industries
Insurance arrangements. 03:25.
State & Local Taxes
Business-purpose doctrine. 02:602.
Corporate income tax developments. 03:154, 216.
80/20
companies. 02:580.
Federal
conformity. 02:453.
Indiana. 02:769.
Intangible property. 03:83.
LLPs.
03:198.
MTC
nonresident nonfiler proposal. 02:793.
Pennsylvania capital stock tax. 03:82.
Reverse
sales and use tax audits. 02:578.
Streamlined sales-tax project. 03:364.
Tax Education
AICPA
MTC. 02:734.
Hiring
attributes. 02:538.
Technology and nontraditional students. 03:290.
Uniform
CPA examination. 03:108.
Tax Policy
AICPA
Tax Executive Committee initiatives. 02:538, 732.
JCT
Enron reports. 03:185.
Tax Technology
Web-based tax resources. 03:140.
