TaxClinic

Practical Advice
on Current Issues

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Editor:
Allen M. Beck, CPA, MST
Tax Manager
Ehrenkrantz Sterling & Co., L.L.C.
DFK International
Livingston, NJ

Agriculture

Help for sod and nursery farms

 

Corporations & Shareholders

Worth repeating: small corporations are exempt from AMT

 

Credits Against Tax

Form 6765 and the R&D credit

 

Depreciation

Luxury automobile exclusion regs.

Post-JGTRRA bonus depreciation

 

Estates, Trusts & Gifts

Low interest rates? Move wealth downstream

 

Expenses

The Global Settlement and tax deductibility of fines and penalties

What is reasonable compensation?

 

Individuals

Post-JGTRRA AMT planning

 

Procedure & Administration

Prior closing agreement subject to innocent spouse provisions

 

State & Local Taxes

Tax payments by passthrough entities for nonresident owners
 

If you would like additional information about these items, contact Mr. Beck at (973) 9947777 or abeck@es-cpa.com.

Unless otherwise indicated, contributors are members of or associated with DFK International.