TaxClinic

Practical Advice
on Current Issues

Editor:
Editor: Frank J. O’Connell, CPA, J.D.
Crowe Chizek
Oak Brook, IL

IN THIS DEPARTMENT

Accounting Methods & Periods

Change in accounting method vs. correction of an error

Corporations & Shareholders

Debt vs. equity: the saga continues

Measuring COI under the binding contract rules

Redemptions and disappearing basis

Estates, Trusts & Gifts

FLP valuation discounts approved

Marital trusts and the Sec. 754 election

Interest Income & Expense

The effect of accrual periods on an AHYDO

Real Estate

Cost-segregation studies: good news for clients

Special Industries

Transactions between private-equity-fund-owned portfolio corporations

 State & Local Taxes

Is “mere delivery” a protected activity?

 If you would like additional information about these items, contact Mr. O’Connell at (603) 574-1619 or foconnell@crowechizek.com.

Unless otherwise indicated, contributors are members of or associated with Crowe Chizek.