Vol. 38 No. 7, July 2007
Index
- Circular 230 penalty.
- GO Zone depreciation.
- IRS issues final rules on nonqualified deferred compensation.
- Is a change in characterization an accounting-method change?
- Professional corporations: to be or not to be a member of a consolidated group.
- Applying the rescission doctrine.
- Hybrid financing structures.
- Increased compliance burden under new sec. 987 prop. regs.
- Out of the ordinary: capital gain/loss from the sale of a foreign currency-denominated debt instrument.
- Rulings relax related-party exchange rules.
- Sec. 199 final regs. affect online software and advertising.
- Allocating advance payments between tax and interest.
- Evolution of commodity-linked investments by mutual funds.
- Teaching an old dog new tricks: CRTs and UBTI.
- Allocating partnership depreciation between trusts and beneficiaries: a trust owning depreciable property through a partnership may have a larger income tax burden than if it owned the assets directly. This article reviews how partnership depreciation is allocated between a trust and beneficiaries and the trap that may result.
- Choice of entity for expansion of operations into a foreign country: when expanding into a foreign country, tax-savings decisions are affected by many factors, including the choice of entity. This article describes how that choice is involved in managing global tax strategies.
- Service-warranty companies - the hybrid of the insurance industry: companies that sell extended warranty service contracts can take advantage of a tax accounting method available to insurance companies, or use other methods, to account for premiums. This article analyzes the various tax accounting options available to a service-warranty company.
- When to begin receiving social security benefits.
- IRS launches new industry issue focus strategy.
- Some schedule K-1 recipients get reportable transaction disclosure relief.
- IRS increases correspondence exam coverage.
- The power of gifting.
- Council on State Taxation (COST).
- Deloitte International Tax and Business Guides.
- Joint Committee on Taxation (JCT).
- KPMG's Tax Governance Institute.
- National Association of Enrolled Agents (NAEA).
- Stay Exempt.
- Planning for distributions of employer securities.
- Nonspouse beneficiary meets PPA '06 rollover requirements.
- Clarification.
- Taxpayer liable for taxes misappropriated by payroll services firm.