Vol. 27 No. 4, April 1996
Index
- LIFO dual index method.
- IRS attacks split-dollar life insurance.
- IRS GRAT ruling raises planning concerns.
- Charitable contributions of inventory.
- Intermediate sanctions loom on the horizon for some tax-exempts.
- IRS refines its position on museum UBIT sales of inventory.
- IRS rules remediation-related costs deductible.
- UBIT consequences of certain passive income from subsidiaries.
- R&E: make sure there is a trade or business.
- Brown Group reversal: circuit court treats partnership as "unrelated" entity under Subpart F.
- NRA information reporting.
- Closely held C corporations: using deferred compensation to capture the 15% bracket.
- Employer-provided subsidized meals not excludible from income.
- Deferred compensation/FICA proposed regs. released.
- Employees are taxed on firm's health benefits to domestic partners.
- Tax Court allows deduction for interest on tax deficiency.
- An update on the "check-the-box" proposal to entity classification.
- Final rules on distributions of partnership property.
- Ninth Circuit disallows Keogh deduction based on S income.
- Coordination of elections by S shareholders to close the books for allocation purposes.
- Supreme Court resolves refund issue in Service's favor.
- Treatment of a state law merger of S corporation into LLC.
- Use of suspended losses due to basis limitations is strictly limited to the shareholder at the time the losses are suspended.
- AICPA offers guidance on IRS financial status auditing.
- Current developments.
- Taxation and reporting of qualified settlement funds.
- Can the cost of a home computer be written off?
- EDI and the tax department.
- Interest netting strategies: Northern States Power decision.
- IRS issues final regulations on information reporting.
- IRS issues temporary regulations on automatic extensions of time to file.
- IRS implements portions of the Taxpayer Bill of Rights 2.
- Determining whether boot received in an acquisitive reorganization has the effect of a dividend.