Vol. 27 No. 2, February 1996
Index
- IRS loses estate tax marital deduction case.
- IRS provides guidance on level of UBIT.
- Medical association scores victories on insurance program, placement service.
- Arson is not a capital offense.
- Canadian company formed by U.S. S corporation will be considered a partnership.
- Potential loss of contribution carryforwards in AMT.
- 10-year carryback for certain NOLs.
- No alimony after death of payee spouse.
- Hot tips on filing Forms 5500 (for those who file and those who should but don't).
- IRS attacks leasing transactions.
- Maximize sec. 401(k) plan with companion nonqualified plan.
- Expert's advice eliminates negligence penalty.
- Important opportunity for real estate entities.
- Final regulations deem net income from rental to close corporation nonpassive.
- IRS rules against Texas limited banking association.
- IRS concedes accounting method issue in Eighth Circuit.
- Little-known provision reduces state unemployment insurance rates.
- New nanny tax rules mean more responsibility for return preparers.
- "Drop-down" technique allows change in accounting method without IRS approval.
- Lifetime giving remains a powerful planning tool for family business owners.
- Avoiding IRS reclassification of workers as employees.
- Transfers of encumbered property to a partnership by more than one partner.