Vol. 43 No. 5, May 2012
Index
- IRS broadens disclosures of tax-exemption determinations.
- AICPA tax division remembers and thanks dedicated advocate and member, John H. Gardner.
- Sec. 6045B reporting requirements.
- Intercompany debt in a deemed asset sale election.
- The research credit and deduction for passthrough entities.
- Trust deductions: Knight, prop. regs. still govern.
- LB&I guidance on "benefits and burdens of ownership" analysis under sec. 199.
- Tangible property regulations.
- Guidance issued on interest exceeding acquisition and home equity indebtedness limitations.
- Foreign limitations on tax loss carryovers may affect U.S. foreign tax credits.
- Final partnership debt-for-equity regulations.
- Accuracy-related penalty tested in five recent cases.
- Are taxpayers bound by purchase price allocations?
- Removal of Sec. 163(j) limitation does not qualify as accounting method change.
- Post-Implementation review of FIN 48.
- Tax method accounting change required for change in book recognition on Multiple-Deliverable contracts.
- Interpretations of SSTS No. 1, tax return positions.
- Reporting dilemma: personal use of rental properties.
- FBAR: handle with care.
- Tax practice responsibilities: due diligence update.
- Campus to clients: opportunities for incorporating international tax law into all levels of the tax curriculum.
- Case study: benefiting from unique attributes of ESOPs.
- Qualified residence interest limits apply on a per residence basis.
- Filing false tax return leads to deportation charge.