Vol. 30 No. 4, April 1999

Index

• Cost of reproduction method.
• Inventory valuation in asset acquisitions.
• Comparative sales method.
• Income method.
• WIP and raw materials inventories.
• Year-end inventory shrinkage estimates.
• Recent developments in farm taxation.
• Tax advantages of LLCs in farm operations.
• CRTs in unique planning situations.
• Gift of a loan guarantee.
• Jointly owned property may not be subject to valuation discounts.
• Preferential aspects of FLPs.
• Harbor maintenance tax update.
• Qualified disclaimers and federal tax liens.
• Final regs. issued for transfers from taxable corporations to exempt entities.
• Amortization of start-up costs.
• Final loss allocation regs. result in increased FTC limitations.
• 40% transfer pricing penalty upheld.
• Variable annuities and current tax law.
• Contemplating retirement financial needs.
• A primer on the Hope and Lifetime Learning Credits.
• Business interest realignment through revaluations and special allocations.
• Conversions of SMLLCs to LLCs and vice versa.
• Abatement of interest final regs.
• Liquidation gain allocable to QSST shares.
• QTIP election as a QSST.
• S corp. cannot deduct cost of leasing entertainment facility.
• Nexus for non-net-income-based taxes.
• QSSSs and state issues.
• The Internet Tax Freedom Act and sales tax.
• Short sales against the box after the TRA '97.
• The risks and rewards of sec. 401(k) plan negative elections.
• Beware of FLP traps.
• Internet-based commercial tax research tools.
• Electronic extensions to file individual income tax returns.
• Lack of Records as Reasonable Cause for Late Filing.
• Mediation.
• Sale of property to an intentionally defective grantor trust.