Vol. 33 No. 1, January 2002
Index
- LMSB dispute resolution.
- Failure to properly elect out of MACRS.
- District court disagrees on depreciation recovery period for gathering system.
- IRS approves employer-sponsored leave donation programs.
- IRS issues guidance on disguised corporate sales.
- Prop. Regs. issued on age 50 "catch-up" deferrals for Sec. 401(k), 403(b) and other plans.
- Seventh Circuit affirms GRAT contingent spousal annuity not exempt from gift tax liability.
- Bank must capitalize cost of acquiring credit card receivables.
- IRS tackles exclusive provider arrangements and UBIT.
- Sec. 121 gain exclusion on sale of principal residence cannot be marked to market.
- Sec. 83(b) election can be made for AMT purposes on ISO exercise.
- IRS requests comments on disguised-sale prop. regs.
- S shareholders cannot increase bases using corporate debt.
- Taxpayers may redesignate estimated income tax payments.
- Recent statutes, regulations, cases, revenue rulings, notices, letter rulings and FSAs in the C corporation area.
- Computing capital gains on sales of partnership and S corp. interests.
- Gift may create income or gain to donor: think a gift results in no income or gain to the donor? Gifts of encumbered property, installment notes and certain stock options and net gifts may trigger donor income or capital gain.
- EGTRRA provisions affecting PFP.
- An IRS update for practitioners.
- Issue resolution and LMSB division appeals.
- The makings of disaster relief: putting taxes in their proper place.
- The new IRS "customer satisfaction" survey reports.
- Valuing a closely held manufacturer.
- Administrative expenses of bankruptcy estate are deductible from gross income.
- Real estate tax abatements under state senior citizen program were wages subject to FICA.
- IRS releases 2001 guidelines for "adequate disclosure".