Appendix 1 Bankruptcy/InsolvencyComparison of Old and New Law
The Toolkit Companion Disc to the Accountant's Business Manual Supplement 48 contains an error. Bankruptcy/Insolvency Appendix 1, Comparison of Old and New Law, was one of the appendix files that was mistakenly omitted from the 2011-2012 CD, which would have been included with your supplement...
Published on February 02, 2012
Exhibit 1 Form 1040NR foreign national questionnaire
Published on February 12, 2010
Interpretations of SSTS No.1, Tax Return Positions
Recently issued revised and updated interpretations of the AICPA’s SSTS No.1, Tax Return Positions, provide guidance to practitioners on tax reporting standards when recommending return positions or preparing or signing returns
Published on May 01, 2012
Electronic Schedules K-1
The IRS issued rules partnerships must follow if they want to supply Schedules K-1 electronically
Published on April 01, 2012
Careful Analysis Required for Potential Regs. Sec. 1.752-7 Liabilities
Regs. Sec. 1.752-7 defines what constitutes a 1.752-7 liability, how these liabilities are treated when assumed by the partnership or another partner, and the impact of a later...
Published on April 01, 2010
Exchange of Shares in ISO Exercise
Under Regs. Sec. 1.6045-1(d)(2), which requires that broker statements disclose securities’ adjusted basis beginning January 1, 2011, basis tracking of ISOs is more relevant than ever
Published on October 01, 2011
Californias Move to Single Sales Factor
Beginning January 1, 2011, multistate businesses may elect to use a single sales factor method of apportionment for purposes of their California corporate income tax return
Published on November 01, 2010
Taxability of Employer-Owned Life Insurance Contracts
Sec. 101(j)(1) limits the amount of tax-free treatment a person (which can be any type of entity) can receive from the proceeds on an employer-owned life insurance (EOLI) contract...
Published on December 01, 2009
Customer Reward Programs Deducting Fulfillment Costs Prior to Economic Performance
Regs. Sec. 1.451-4 provides a narrow exception to the economic performance rules that allows accrual-basis taxpayers who issue premium coupons (or trading stamps) to deduct the estimated fulfillment cost...
Published on August 01, 2012
FATCA Regulations Effective Date Approaching Quickly
As of July 1, 2014, withholding agents must have processes in place to determine and document the FATCA status of their payees before payment is made
Published on September 01, 2013