Vol. 38 No. 2, February 2007
Index
- Enforcement revenue.
- Fringe benefits.
- Telephone excise tax refunds.
- Filing season tax minimization ideas.
- Final Sec. 382 Regs. on distributions from qualified trusts.
- Automatic enrollment in Secs. 401(k) and 403(b) plans.
- TC upholds GSTT Regs.
- TC clarifies filing requirements for mark-to-market election.
- Retail cash advances: loans or income?
- Westpac Pacific Food: advance trade discounts are not income.
- Understanding form 1098-T.
- Prop. Regs. for S Corp. banking deductions.
- McCord: defined-value gifts at the crossroads.
- Current developments: this article reviews and analyzes recent rulings and decisions involving partnerships. The discussion covers developments in partnership formation, foreign-source income, debt and income allocations, partnership continuation and basis adjustments.
- Interaction of the AMT and S corporation basis rules: this two-part article examines how the alternative minimum tax affects S corporation basis. Part II covers ordering rules, gift and estate transactions, compensation, C-to-S conversions, distributions, carryovers and other issues and planning considerations.
- Current developments.
- TEC initiatives.
- The GAAP in tax education: integrating tax and financial accounting in the tax curriculum.
- Audits of electing large LLCs.
- Full value of FLP included in estate.
- S corporation denied deduction for owner's child-care expenses.