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Table of Contents
September
2006

Note: In accordance with IRS Circular 230, Regulations Governing the Practice of Attorneys, Certified Public Accountants, Enrolled Agents, Enrolled Actuaries, and Appraisers before the Internal Revenue Service, the information on this website is not intended or written to be used as, and cannot be used as or considered to be a “covered opinion” or other written tax advice, and should not be relied on for the purpose of (1) avoiding tax-related penalties under the Internal Revenue Code or (2) promoting, marketing or recommending to another party any transaction or tax-related matter(s) addressed herein, for IRS audit, tax dispute or other purposes.

Asterisks indicate items in the Tax Clinic department.
 

Accounting Methods & Periods

  *

Change in Accounting Method vs. Correction of an Error

 
Corporations & Shareholders
  * Debt vs. Equity: The Saga Continues
  * Measuring COI under the Binding Contract Rules
  * Redemptions and Disappearing Basis
   

Issuing Third-Party Debt to Raise Additional Capital

 
Depreciation
    Pay Telephone Investor Denied Depreciation Deduction and Disabled Access Credit
 
Estates, Trusts & Gifts
    Permanent Estate Tax Relief
    Blended Families Provide Estate Planning Challenges
    Coming Soon: AICPA Practice Guide for Fiduciary (Trust) Accounting
  * FLP Valuation Discounts Approved
  * Marital Trusts and the Sec. 754 Election
    The Effect of Residency in International Estate Planning by Paula M. Jones
   

Significant Recent Developments in Estate Planning by Roby B. Sawyers And Vinu Satchit

 

Foreign Income & Taxpayers

   

Withholding Requirements for Income Allocated to Foreign Partners (Part I) by Howard Godfrey

 

Interest Income & Expense

*

The Effect of Accrual Periods on an AHYDO

 

Practice Management

    Complete Pre-Year-End Planning for Selected Clients
 

Procedure & Administration

   

Payment vs. Deposit under Refund SOL

 

Real Estate

  *

Cost-Segregation Studies: Good News for Clients

 

Special Industries

  *

Transactions Between Private-Equity-Fund-Owned Portfolio Corporations

 

State & Local Taxes

  * Is “Mere Delivery” a Protected Activity?
    State and Local Tax Resources from the AICPA
    Sweeping Texas Franchise Tax Changes: The Margin Tax
 
Reader Survey

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2006 AICPA