Vol. 28 No. 12, December 1997
Index
- Tax Court introduces financial statement materiality into the tax law.
- Changes in corporate organizations and reorganizations under TRA '97.
- Basis step-up when property is subject to a power of appointment.
- Effects of dividends and spin-offs on stock.
- Real estate taxes and co-op owners.
- Once-in-a-lifetime exclusion and rollover provisions on gain from sale of home replaced by new exclusion rules.
- Individual retirement plans and divorce settlements.
- New long-term capital gains rules for 1997.
- Taxwise strategies for models, athletes and entertainers.
- Interest expense deductions on COLI loans after TRA '97.
- Choices for the spouse of a deceased IRA owner.
- Some bad news for partnerships in TRA '97.
- Changes in income tax rates.
- TRA '97: relief for some; more aggravation for others.
- The IRS's ability to attack S corporation stock transfers.
- When will reliance on a tax adviser avoid an accuracy-related penalty?
- Current developments in employee benefits.
- Finding help when you need it.
- Eight reasons clients give for not wanting to engage in estate planning (and counterarguments CPAs can offer).
- The questionable constitutionality of the California DRD and interest offset rules.
- Avoiding taxable distributions when an S corporation does not have AE & P.