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Table of Contents
April 2007

Note: In accordance with IRS Circular 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before the Internal Revenue Service, the information on this website is not intended or written to be used as, and cannot be used as or considered to be a "covered opinion" or other written tax advice, and should not be relied on for the purpose of (1) avoiding tax-related penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or tax-related matter(s) addressed herein, for IRS audit, tax dispute or other purposes.
Asterisks indicate items in the Tax Clinic department.
 
Accounting Methods & Periods
  * Time to Evaluate Cost-Sharing Arrangements
 
Corporations & Shareholders
  * Final Basis Regs. Provide Deferral Opportunities in Tax-Free Exchanges
  * Incorporating a Partnership or LLC: Does Rev. Rul. 84-111  Need Updating?
  *

S Holding Companies and F Reorgs.

 

Depreciation

   

Treatment of Capitalized Costs of Intangible Assets (Part I) by Larry Witner

 

Employee Benefits & Pensions

   

Income Recognized when Stock Options Exercised

  *

Sec. 83 Risks when Compensating Founders in a New Venture 

 

Estates, Trusts & Gifts

   

Did the Second Circuit  Err in Rudkin Testamentary Trust? by Carol A. Cantrell

 

Expenses

  *

Energy-Efficient Commercial  Buildings Deduction Revisited

 
Gross Income
  *

Rethinking Sec. 199 Based on  New Developments

   

Sec. 199 Deduction

 

Individuals

   

AMT Repeal: Top Priority for National Taxpayer Advocate and AICPA

    Extended Filing Deadline
    Online AMT Calculator
 

Partners & Partnerships

  *

Partnership Freezes after Castle Harbour

 

Personal Financial Planning

   

The Funding Dilemma:  Retirement or College?

 

Practice & Procedures

   

Innocent Spouse Relief

   

New Requirements for Business Filers’ 2006 Returns

   

Superseding Return Filed on  Extended Due Date Starts SOL

 

Procedure & Administration

   

Accrued Payroll Tax Liability Is Deductible Even if Compensation Is Deferred under Sec. 404

 
S Corporations
   

Adjusting Basis of Inherited S Stock for IRD

 
Special Industries
   

Structured Settlements: Are Factoring and Commuting  Different?

 

State & Local Taxes

  *

Acquiring Property? Remember Sales Tax Due Diligence

    Current Corporate Income Tax Developments (Part II) by Karen J. Boucher and Shona Ponda
 
Reader Survey

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