Vol. 53 No. 2, February 2022

Index

• Best practices for engagement letters, POAs, and tax return extensions.
• Current developments in partners and partnerships.
• Definition of 'immediate supervisor' clarified for penalty purposes.
• Integrating technology into accounting curriculum as CPA Exam evolves.
• IRS rules on cancellation of debt of a disregarded entity.
• Letter ruling provides clarity on Sec. 1202 definition of brokerage services.
• Opportunities for taxpayers with residential rental properties and residential living facilities.
• Outside basis of an LLC interest acquired by purchase, gift, or bequest.
• Recent developments involving limitations to state NOL usage.
• Recent IRS guidance on cryptoassets.
• Reporting aspects of Sec. 743(b) adjustments.
• Research credit refund claims: New documentation requirements.
• Revenue recognition: Time to implement the final regulations.
• S corporation shareholder recomputation of basis.
• Shareholder's forgiveness of insolvent corporation's debt.
• Taking possession of coins in IRA causes a taxable distribution.
• Tax credit did not independently arise under treaties.
• The research credit: Using statistical sampling.