Vol. 28 No. 4, April 1997
Index
- LIFO accounting methods.
- Disregarded benefits clarified.
- Planning ideas under the new consolidated sec. 382 regulations.
- Consolidated rules for intercompany transfers of member stock.
- Intercompany obligation regulations provide a single-entity approach.
- Antichurning and proposed sec. 197 regulations.
- R&E alternative incremental credit analysis: sec. 280C's impact.
- Third Circuit allows exclusion of asset from gross estate when only remainder interest had been sold.
- Treatment of software costs clarified and slightly modified by proposed intangibles regulations.
- U.S. shareholders of CFCs: ordering rules for "previously taxed income." (controlled foreign corporations)
- Trade name licensing in foreign markets.
- Proposed regulations attack conversions of C corporations into exempt organizations.
- President's liquidation tax on C to S conversions.
- Impact of recent proposed regulations on insurance companies.
- Nonrecourse purchase money debt in excess of FMV held not true debt.
- S election may be valid without timely filing.
- Self-employment tax for limited partners.
- IRS delays further audit on farmers for issues related to the treatment of deferred crop payments.
- New S corporation law opens pitfalls for unwary.
- Franchise Tax Board to defer actions on S corporation conformity and check-the-box regulations.
- Current income tax treaty developments.
- Luxury automobile depreciation rules offer obstacles and opportunities.
- Are you ready for EFTPS?
- A selected bibliography.
- Internet tools of the trade.
- IRS releases 1997 Examination Program Letter.
- The Taxpayer Advocate.
- Abatement of interest: new Tax Court rules.
- The calculation of interest when an original overpayment is decreased on audit.
- The collection of trustee taxes from responsible parties: reforming the 100% penalty.
- Maximizing the investment interest expense deduction by electing to distribute AE&P before AAA.