Vol. 43 No. 1, January 2012
Index
- Excise and employment tax treatment of disregarded entities clarified.
- Regs. issued on transfers of partnership interest to satisfy partnership debt.
- Religious and family member FICA and FUTA exceptions extended to disregarded entities.
- Estate tax treatment of grantor retained interests clarified.
- Recognized built-in loss is subject to sec. 382 limitation.
- IRS updates determination letter procedures for preapproved plans.
- Guidance on characterizing gross receipts from telecommunications services.
- Excessive energy property grant is includible in gross income.
- IRS, DOL, several states to share data on worker classification.
- Eligible independent contractor treated as managing hotel on behalf of REIT.
- REIT may exclude interest-rate swap income from gross income tests.
- IRS provides safe harbor for nonaccrual-experience accounting method taxpayers.
- IRS rules energy contract is not a commodity.
- LB&I directive on success-based fees has tax accounting implications.
- IRS proposes rules on Sec. 1256 and notional principal contracts.
- Retiree tax planning for eligible retirement plans of tax-exempt entities.
- EITC due-diligence requirements: IRS ramps up enforcement and education efforts.
- 2010-2011 revisions to circular 230.
- Worker classification issues on Washington agenda.
- 2011 Arthur J. Dixon Memorial Award.
- Equitable ownership and mortgage interest deductions.
- New reporting for specified foreign financial assets.
- Large business and international examination process changes.
- Using a buy/sell agreement to transfer ownership.
- Estate may deduct interest on loan between two trusts.
- Corporation is "same taxpayer" for interest-netting purposes.