TaxClinic

Practical Advice
on Current Issues

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Editor:
Philip E. Moore, CPA, MBA
Brown, Dakes & Wannall, P.C.
DFK International
Fairfax, VA

If you would like additional information about these articles, contact Mr. Moore at (703) 698-6260.

Accounting Methods & Periods

Cash method for small businesses with inventory

 

Credits Against Tax

Complying with ADA

Targeted Jobs Tax Credit settlement offer

 

Estates, Trusts & Gifts

Allocating gain in an FLP

State law disclaimers

 

Exempt Organizations

Lobbying pitfalls

New disclosure rules

 

Expenses

Local travel

Website development costs

 

Foreign Income & Taxpayers

Export tax benefits

 

Gains & Losses

Basis in replacement property from like-kind exchanges

 

Gross Income

Contingent attorneys' fees

 

Individuals

Ministers' housing allowances

Qualified state tuition programs

 

Passive Activities

At-risk rules and LLCs

Rental property status

 

State & Local Taxes

Alaska Community Property Act

ISCs

 

Unless otherwise indicated, contributors' firms are associated with DFK International.