Vol. 39 No. 5, May 2008
Index
- Interim guidance issued on unbundling trustee fees.
- IRS provides Sec. 1031 personal use safe harbor for dwellings.
- Rules issued for rebate checks for individuals with no tax liability.
- Supreme Court upholds 401(k) participant's right to sue.
- Supreme Court declines to review check-the-box case.
- Prop. regs. address carryover of accounting methods under sec. 381.
- Final regs. on consolidated group liquidations.
- Debt discharge in corporate recapitalizations: avoiding surprises.
- Alternative motor vehicles and the AMT.
- Revised 2008 Form 990 requires current action.
- Federal, state, and local tax incentives for environmental remediation costs.
- IRS examines treatment of restructuring costs.
- Foreign tax credits: reducing eight categories to two.
- U.S. withholding tax imposed on foreign tax-exempt organizations.
- Compensation issues for self-employed S corp. owners.
- IRS offers opportunity for 2% shareholders of S corp.
- Maximizing the benefits of sec. 199 in an asset sale.
- A review of the revised disciplinary process under Circular 230.
- The Mortgage Forgiveness Debt Relief Act of 2007.
- The qualified offer: the taxpayer's 90-day letter: although rarely used, a qualified offer under sec. 7430 can be an effective way to speed up the process of resolving a tax issue with the IRS.
- CPAs can take the lead in boomer financial planning.
- Sec. 6694 tax return reporting standards for preparers sec. 7216 regulations.
- AICPA conferences.
- Financial literacy: university-focused activities.
- Disposing of an activity to release suspended passive losses.
- Defendant may claim improper diversions of corporate funds were returns of capital.
- Tax Court may apply equitable recoupment to Medicare taxes.