Vol. 42 No. 5, May 2011
Index
- Portability of unused estate and gift tax exclusion between spouses.
- Interest on home-equity indebtedness.
- Emerging issues for non-U.S. shareholders in corporate inversions.
- Capital gain exclusion on small business stock.
- IRS increases focus on tax hedge identification rules.
- Case addresses the sec. 752 anti-abuse regs.
- Supreme Court strengthens power of interpretive Treasury regs.
- S corporation reasonable compensation.
- Changes in book recognition of advance payments may require changes in tax accounting method.
- Favorable guidance issued on deferral of gift card sales and gift cards issued for returned goods.
- Updated procedures for changing accounting methods and new automatic method changes.
- Violation of public policy and the denial of deductions.
- Regulation of tax return preparers.
- Schedule UTP: IRS mandates disclosure of uncertain tax positions.
- Tax practice responsibilities.
- Campus to clients: a blended approach to teaching tax writing skills.
- Case study: capitalizing a corporation with loans from shareholders.
- Cooperative owner cannot deduct cooperative's casualty loss.
- Day-trading losses are dissipation of assets.