Vol. 29 No. 5, May 1998
Index
- Installment sales calculation for adjusted current earnings.
- Demise of Morris Trust transactions yields new planning opportunities.
- Sec. 357(c) and single-member LLCs or QSSSs.
- Election to treat revocable trust as part of estate for income tax purposes.
- Targeted jobs credit reduces AMT wage deduction.
- Interest on deferral of estate taxes.
- New gift tax SOL rules incorporate Chapter 14 disclosure requirements.
- QTIP cannot escape taxation in both spouses' estates.
- ... More on Letts.
- Amounts paid for qualified long-term care services are deductible medical expenses.
- TRA '97 offers estate tax relief for certain grantor trusts.
- Environmental remediation.
- IRS targets multinationals.
- New Sec. 163(l) is a major trap for the unwary.
- Treatment of hybrid arrangements under Subpart F.
- Abandoning worthless investment property versus selling at a loss.
- Identification requirement of replacement property in like-kind exchanges.
- No step-up in basis for installment notes.
- Remaining tax opportunities in lawsuits and settlements.
- Calculating limited deficit restoration obligation when a partner is liable to partnership creditors.
- Partnership's tax year now terminates for deceased partner.
- Tax planning opportunities for real estate professionals.
- Recovering the 15% excise tax under the TRA '97.
- Power of attorney revoked due to taxpayer's mental incompetence.
- Sec. 9100 relief: final regulations on extension of time to make elections.
- Relief from multiple failure-to-deposit penalties.
- Second Circuit adopts broad test for accountant's work-product protection.
- Use of AFRs.
- Automatic relief for certain late S elections.
- Subchapter S and COD income: a taxpayer defeat.
- Compensation of S shareholders: is it reasonable?
- Planning for a QSSS.
- Michigan announces nexus standards for SBT.
- IRAs after the TRA '97 - what hath Congress Roth?
- How to survive an employment tax audit.
- Teaching tax using a life cycle approach.
- Changing a corporation's tax year.