Twelve Months Ended December 2003

ARNE, DARRELL V.

• Separating Personal and Business Goodwill. 03:346.

BERNSTEIN, PHYLLIS

• 25 Post-JGTRRA Tax Planning Strategies. 03:728.

BHIKHA, NAYAN

• Tax Shelter Temp. Regs. (Part I). 03:86. (Part II). 03:142.

BOUCHER, KAREN J.

•  State & Local Taxes: Current Corporate Income Tax Developments. (Part I). 03:154. (Part II). 03:216.

BURTON, HUGHLENE A.

• Partners & Partnerships: Current Developments. 03:100.

• S Corporations: Current Developments. (Part I). 03:620. (Part II). 03:686.

CHAMBERS, VALRIE

• Tax and Pension Claims in Bankruptcy. (Part I). 03:481. (Part II). 03:556.

CHRISTENSEN, ANNE L.

• Accountable Plans, Reimbursements and Per-Diem Allowances. (Part I). 03:408. (Part II). 03:490.             

CHRISTENSEN, JO ANN

• Income Averaging for Farmers. 03:211.

CHUI, YIDAN

• Corporations & Shareholders: Significant Recent Developments. 03:42.

DEGEORGIO, THOMAS J.

• Tax and Pension Claims in Bankruptcy. (Part I). 03:481. (Part II).  03:556.

EIDE, BARBARA J.

• Circular 230 Final Regs. (Part I). 03:26. (Part II). 03:96.

ELLENTUCK, ALBERT B.

• For Case Study, see the cover of each issue.

EMILIAN, JIM

• Tax Shelter Temp. Regs. (Part I). 03:86. (Part II). 03:142.

• Tax Shelter Final Regs. 03:338.

ENGLEBRECHT, TED D.

• Income Averaging for Farmers.
   03:211.

GARDNER, JOHN C.

• Circular 230 Final Regs. (Part I). 03:26. (Part II). 03:96.

GOODMAN, GEORGE

• A Practical Guide to Sarbanes-Oxley. (Part I). 03:604. (Part II). 03:670.

HAMILL, JAMES R.

• Separating Personal and Business Goodwill. 03:346.

HEGT, RONALD J.

• JGTRRA Cuts Rates, Increases Some Deductions and Credits. 03:542.

JACKSON, GEORGE, III

• Buy-Sell AgreementsAn Invaluable Tool. (Part I). 03:200. (Part II). 03:284.

JACOBS, VERNON K.

• Reporting Common Foreign Transactions of U.S. Clients. 03:732.

KARLINSKY, STEWART S.

• S Corporations: Current Developments. (Part I). 03:620. (Part II). 03:686.

KENNY, WILLIAM J.

• Accountable Plans, Reimbursements and Per-Diem Allowances. (Part I). 03:408. (Part II). 03:490.

KNOEPFLE, TERRY W.

• Medicaid Eligibility Rules. (Part I). 03:276. (Part II). 03:354.

KRUMWIEDE, TIM

• Purchasing, Leasing and Developing Software. (Part I). 03:404. (Part II). 03:486.

LAFFIE, LESLI S.

• For News Notes, see the cover of each issue.

LANGE, JAMES

• Cascading IRA Beneficiaries. 03:34.

MALONEY, DAVID M.

• Buy-Sell AgreementsAn Invaluable Tool. (Part I). 03:200. (Part II). 03:284.

MENDELSON, DAN L.

• Tax Shelter Temp. Regs. (Part I). 03:86. (Part II). 03:142.

• Tax Shelter Final Regs. 03:338.

NAKAMOTO, KELLY

• Sourcing Income from Internet Transactions. 03:206.

• Internet Transactions and PE Issues. 03:272.

NAVEED, FARO

• Sourcing Income from Internet Transactions. 03:206.

• Internet Transactions and PE Issues. 03:272.

ODRISCOLL, DAVID

• For Tax Trends, see the cover of each issue.

PARKER, FREDERICK R., JR.

• Inflation-Indexed Debt Instruments. 03:414.

POSEY, CLYDE

• Income Averaging for Farmers. 03:211.

SCHNEIDER, MARK A.

• Corporations & Shareholders: Significant Recent Developments. 03:42.

SMITH, BLAKE T.

• Navigating the Revised Gift Tax Return. 03:738.

STARA, NANCY J.

• Is It Wages? 03:148.

SUSSMAN, DAVID A.

• The Private Investment PartnershipInvestor, Trader or Dealer?
  03:612.

VINES, TIMOTHY W.

• Inflation-Indexed Debt Instruments. 03:414.

WAGENBACH, PAUL

• Employee Benefits & Pensions: Current Developments. (Part I). 03:678. (Part II). 03:745.

WALKER, DEBORAH

• Employee Benefits & Pensions: Current Developments. (Part I). 03:678. (Part II). 03:745.

WHITLOCK, BRIAN T.

• Significant Recent Developments in Estate Planning. 03:548.

WILLEY, SUSAN L.

• Circular 230 Final Regs. (Part I). 03:26. (Part II). 03:96.

WILLIAMSON, DONALD T.

• Sourcing Income from Internet Transactions. 03:206.

• Internet Transactions and PE Issues. 03:272.

WITNER, LARRY

• Purchasing, Leasing and Developing Software. (Part I). 03:404. (Part II). 03:486.

D.C. Currents

PURCELL, THOMAS J., III

• TEC Initiatives. 03:106.   

• TEC Initiatives. 03:288.

• TEC Initiatives. 03:497.

• TEC Initiatives. 03:693.

On the Bookshelf

FINK, PHILIP R.

• March 03:168.

• June 03:371.

• September 03:573.

• December 03:760.

Personal Financial Planning

GOODFRIEND, KAREN

• NQSO StrategiesAvoiding Past Mistakes. 03:627.

HOLTZ, JOAN C.

• FLP Issues and Opportunities. 03:223.

LEWIS, ALEV T.

• Planning in Turbulent Times: IDITs. 03:48.

McBRIDE, GARY R.

• NQSO StrategiesAvoiding Past Mistakes. 03:627.

SCHULMAN, MICHAEL DAVID

• Taxation of Older Adults. 03:421.

State & Local Taxes

NAGHAVI, FARANAK

• June 03:364.

• September 03:566.

• December 03:755.

BOUCHER, KAREN J.

• State Laws and Legislation Disallowing Certain Intercompany Expenses. 03:566.

FISHMAN, MARK

• Legislation and Audits: Changing Trends? 03:755.

HAFFIELD, SUSAN

• Streamlined Sales Tax: Accomplishments and Outlook. 03:364.

HOGROIAN, FERDINAND

• Streamlined Sales Tax: Accomplishments and Outlook. 03:364.

McCOWN, JOHN               

• State Laws and Legislation Disallowing Certain Intercompany Expenses. 03:566.

NICOLAS, KARL

• Legislation and Audits: Changing Trends? 03:755.

Tax Clinic

BAKALE, ANTHONY

• August 03:451.

BECK, ALLEN M.

• October 03:585.

KAUTTER, DAVID J.

• January 03:7.

KOPPEL, MICHAEL D.

• December 03:715.

LERMAN, JERRY L.

• April 03:186.

MADDEN, DAVID.

• June 03:311.

OCHSENSCHLAGER, THOMAS, P.

• February 03:67.

OCONNELL, FRANK J., JR.

• September 03:521.

PACKARD, PAMELA

• May 03:252.

REILLY, KEVIN F.

• November 03:651.

SAIR, EDWARD A.

• March 03:127.

SMITH, ANNETTE B.

• July 03:387.

Tax Education

NELLEN, ANNETTE          

• May 03:290.

• August 03:500.

• November 03:695.

DENNIS-ESCOFFIER, SHIRLEY

• Preparing Students for the New CPA Examination. 03:108.

McGILL, GARY A.

• Case Study: The JCTs Enron Report Sheds Light on the Book vs. Tax Debate. 03:500.

NEWMARK, RICHARD I.

• The Introductory Tax Course Revisited. 03:695.

OUTSLAY, EDMUND

• Case Study: The JCTs Enron Report Sheds Light on the Book vs. Tax Debate. 03:500.

PURCELL, THOMAS J., III

• Preparing Students for the New CPA Examination. 03:108.

RUBIN, JANE

• Preparing Students for the New CPA Examination. 03:108.

THOMPSON, STEVEN C.

• Using Technology to Teach Nontraditional Students. 03:290.

TOTTEN, JEFFREY C.

• Preparing Students for the New CPA Examination. 03:108.

Tax Practice & Procedures

ELY, MARK H.

• January 03:51.

• April 03:226.

• July 03:426.

• October 03:632.

BAUMAN, CHRISTINE C.

• EIC Verification Initiative. 03:427.

BLAIR, RONALD J.

• Recovering Litigation and Administrative Costs. 03:426.

BRENNAN, JAMES

• The High Cost of Subsidized Eating Facilities and Employees Eating In. 03:228.

BUSCHEL, STEPHEN R.

• The New IRS Audits. 03:632.

CHASSMAN, NANCY

• The High Cost of Subsidized Eating Facilities and Employees Eating In. 03:228.

DOLAN, MICHAEL P.

• IRS Resumes K-1 Matching Program. 03:232.

DOUGHERTY, JIM

• LMSB Realignment. 03:51.

DREYER, TIMOTHY

• The Many Faces of Dispute Resolution. 03:430.

• The New Look of IRS Appeals. 03:230.

FAUST, RONA

• LMSB Realignment. 03:51.

• The New Look of IRS Appeals. 03:230.

FRISHMAN, DEBORAH L.

• Amnesty for Offshore Tax Evaders. 03:226.

MONACO, JOHN J.

• The Many Faces of Dispute Resolution. 03:430.

PARKER, KENNETH M.

• Common Pitfalls in Information Reporting. 03:634.

ROSENBERG, JACK N.

• Amnesty for Offshore Tax Evaders. 03:226.

TAYLOR, FRANK

• OIC Final Regs. Issued. 03:52.

• Administrative Appeal Rights in Innocent Spouse Cases. 03:634.

TURNER, TOM

• Common Pitfalls in Information Reporting. 03:634.

WELTY, TODD

• Tax Shelter Transactions: To Amend or Not to Amend? 03:428.

Tax Practice Management

HOLUB, STEVEN F.

• March 03:163.

• June 03:361.

• September 03:563.

• December 03:751.

MUIRHEAD, T. CHRIS

• December 03:751.

GROOMS, W.M.

• SOL on Tax Refunds. 03:163.

PUCKETT, ANN MOORE

• AICPA Tax Division Annual CD. 03:751.

TOTSCH, MELISSA W.

• Knowledge Sharing Is a Change-Management Exercise. 03:361.

ZOLLARS, EDWARD K.

• AICPA Online Tax Resources. 03:563.

Subject Index

Accounting Methods & Periods

Advance payments. 03:313.

Disputed invoices. 03:170, 330.

Inventory

    UNICAP simplified method. 03:67.

    vehicle-parts cost. 03:127.

MACRS, property classification. 03:296.

Nonaccrual experience method. 03:311.

Agriculture

Income averaging. 03:211.

Sod and nursery farms. 03:585.

Bankruptcy & Insolvency

Tax and pension claims. 03:481, 556.

Tax Court jurisdiction. 03:314.

Charitable Contributions

Conservation contributions. 03:521.

Donations to agent. 03:4.

Patents. 03:389.

Consolidated Returns

Anti-loss duplication regs. 03:7.

Attribute reductions from discharge of debt. 03:128.

Intercompany debt cancellation. 03:390.

Inventory methods. 03:12.

WorldComs NOLs. 03:603.

Corporations & Shareholders

AMT

    depreciation adjustment. 03:54.

    small corporation exemption. 03:587.

Basis shifting. 03:13.

Buy-sell agreements. 03:200, 284.

D reorganizations. 03:319.

Goodwill, personal vs. business. 03:346.

Investment company provisions. 03:392.

Liquidation-reincorporation doctrine. 03:316.

Mergers

    disregarded entities. 03:253.

    SMLLCs. 03:186.

PSC, unreasonable compensation. 3:187.

Recent developments. 03:42.

Sec. 341 repeal. 03:449.

Sec. 351(g), preferred stock boot. 03:318.

Sec. 355

    expansion vs. acquisition. 03:252.

    prearranged stock transfers. 03:507.

    rulings procedure. 03:449.

Step transactions. 03:715.

Credits Against Tax

New markets tax credit. 03:451.

R&E credit. 03:254.

    contract research. 03:556.

    employment-related credits. 03:651.

    Form 6765. 03:588.

    software enhancements. 03:508.

Depreciation

Bonus depreciation

    post-JGTRRA. 03:594, 649.

    temp. regs. 03:716.

Change in use. 03:653.

Covenants not to compete. 03:510.

Goodwill. 03:68.

Luxury automobile regs. 03:592, 718.

Method changes. 03:524.

Mid-quarter convention, election out. 03:574.

Real estate recapture. 03:654.

Rotable spare parts. 03:395.

Employee Benefits & Pensions

Blackout rules. 03:15.

Bonus arrangements. 03:396.

Current developments. 03:678, 745.

Deemed IRAs. 03:518.

Defined benefit plans. 03:256.

EAPs. 03:570.

Employer benevolent fund administration. 03:453.

Health insurance, reimbursements of pre-tax contributions. 03:257.

ISOs. 03:449, 765.

NQSOs, compensation deduction. 03:655.

Pension preservation. 03:448.

Sec. 412(i) plans. 03:526.

SESOPs. 03:519, 526.

Stock options, listed transactions. 03:582.

Estates, Trusts & Gifts

AICPA webcasts. 03:583.

Cascading IRA beneficiaries. 03:34.

FLPs. 03:69, 191, 271, 368.

Form 709 GST changes. 03:738.

GRATs

    contingent spousal annuity. 03:297.

    invalid regs. 03:712.

GST tax, planning opportunities. 03:527.

IRA rollovers from trusts. 03:236.

Life insurance trusts. 03:258.

Low-interest-rate planning strategies. 03:595.

Recent developments. 03:548.

Revocable trust, electing to treat as part of estate. 03:455.

Trusts, self-dealing. 03:16.

Valuation

    IRA discounts. 03:64.

    lottery payments. 03:702.

Excise Taxes

Communications tax. 03:16.

Exempt Organizations

Car donation program. 03:70.

Excess

    benefit transactions. 03:260.

    capital losses. 03:133.

Political organizations, tax reporting. 03:261.

Self-dealing. 03:17.

Expenses

Business

    abandoned transactions. 03:115.

    accountable plans. 03:408, 490.

    asbestos removal. 03:298.

    capitalize vs. expense. 03:72, 262.

            intangibles. 03:114.

            loan origination costs. 03:530.

            roof repairs. 03:459.

    cooperative advertising reimbursements. 03:321.

    customs duties. 03:398.

    electronic receipts. 03.237.

    global settlement payments. 03:596.  

    home office. 03:719.

    LILO transactions. 03:17.

    private jets. 03:462.

    reasonable compensation. 03:599.

    software costs. 03:404, 486.

    SUVs. 03:583.

    warrants issued to customers. 03:657.

Interest, see Interest Income & Expense.

Special schools. 03:458.

Foreign Income & Taxpayers

Branch transactions. 03:648.

Corporate

    inversion planning. 03:468.

    reporting requirements. 03:74.

Expatriation. 03:184, 326.

Foreign

    sale of U.S. partnership interest. 03:264.

    trust information reporting. 03:448.

FTCs. 03:184.

Hybrid entities, payments to related foreign interest holder. 03:134.

Internet transactions. 03:206, 272.

Iraq. 03:660.

JGTRRA, dividend rate eligibility. 03:719.

Mutual fund regs. 03:184.

Nonfilers. 03:659.

PFICs

    and CFCs. 03:328.

    indirect ownership. 03:324.

Reporting international transactions. 03:732.

Tax havens. 03:469.

U.S.

    bank-deposit interest paid to NRA.03:134.

    residency planning. 03:75.

Gains & Losses

Abandonment loss. 03:115.

Assignment of income. 03:22.

Hedges of debt instruments. 03:137.

Home sale, Sec. 121 regs. 03:265.

Installment sales and depreciation recapture. 03:434.

Like-kind exchanges

    qualified intermediary. 03:64, 78.       

    vehicle dealers. 03:20.

Marital-related stock redemptions. 03:266.

Mark-to-market rules. 03:408.

NOLs

    JGTRRAs effects. 03:662.

    specified liability losses. 03:574.

PALs, real estate professionals. 03:720.

Personal guaranty. 03:193.

Royalties. 03:399.

Straddle transactions. 03:21.

Gross Income

Accrual of tax refunds. 03:268.

Contingent attorneys fee awards. 03:238.

Disputed invoices. 03:330.

DOI income. 03:333.

Employee settlement proceeds. 03:471.

Insurance agency termination payments. 03:639.

Medical expenses, reimbursements. 03:56.

Per-diem allowances. 03:115.

Refundable deposits. 03:79.

Individuals

Alimony recapture. 03:166.

JGTRRA planning

    for AMT. 03:600.

    strategies. 03:728.

Coverdell ESAs. 03:268.

Inflation adjustments. 03:713.

    factors. 03:5.

Medicaid eligibility rules. 03:276, 354.

Medical expenses

    egg donation costs. 03:5.

    funding mechanisms. 03:664.

Personal residence, Sec. 121 exclusion. 03:265, 640.

Sec. 529 plans. 03:698.

Split-dollar life insurance. 03:479.

Interest Income & Expense

Contingent convertible bonds. 03:137.

Inflation-indexed debt instruments. 03:414.

Qualified residence debt, election out. 03:668.

Uniform capitalization rules. 03:171.

Warrants, debt issued with. 03:666.

Legislation

Community Renewal Tax Relief Act of 2000. 03:451.

Economic Growth and Tax Relief Reconciliation Act of 2001. 03:548.

Fairness, Simplification and Competitiveness for American Business Act of 2003. 03:384.

Individual and Small Business Tax Simplification Act of 2003. 03:308.

Job Creation and Worker Assistance Act of 2002. 03:312, 716.

Jobs and Growth Tax Relief Reconciliation Act of 2003. 03:449, 494, 542, 583, 594, 600, 620, 649, 662, 716, 719, 728.

Sarbanes-Oxley Act. 03:42, 288, 604, 670.

Victims of Terrorism Tax Relief Act of 2001. 03:65, 453.

LLCs & LLPs

Sec. 465 and DROs. 03:271.

Self-employment tax. 03:532.

Miscellaneous

Hiring disabled workers. 03:65.

Partners & Partnerships

Amending a partnership return. 03:534.

Basis rules. 03:251.

Disguised sales. 03:334.

FLPs. 03:271.

Liquidating distributions. 03:637.

Partnership interests, options to acquire, noncompensatory. 03:336.

Private investment partnerships. 03:612.

Securities partnerships. 03:473.

Tax-shelter shams. 03:174.

Passive Activities

Trusts and material participation. 03:436.

Pensions

See Employee Benefits & Pensions.

Personal Financial Planning

FLPs. 03:223.

IDITs. 03:48.

NQSO strategies. 03:627.

Taxation of older adults. 03:421.

Practice & Procedures

Accuracy penalty defenses. 03:125.

AICPA online tax resources. 03:563.

Amortizing organization costs. 03:112.

Circular 230 final regs. 03:26, 96.

Current developments. 03:100.

EFTPS upgrade. 03:518.

Elderly clients. 03:519.

EIC verification. 03:427.

Information reporting. 03:634.

Innocent spouse, administrative appeals. 03:632.

Litigation and administrative costs. 03:426.

Offers in compromise. 03:4, 52, 703.

Offshore voluntary compliance program. 03:226, 228, 308.

Refund checks. 03:713.

Sarbanes-Oxley. 03:604, 670.

Tax shelters

    avoiding penalty. 03:428.

    confidential transactions. 03:648.

    exempt transactions. 03:200.

    final regs. 03:338.

    IRS initiatives. 03:309.

    tax-accrual workpapers. 03:309.

    temp. regs. 03:86, 142.

TEC initiatives. 03:106, 288, 497, 693.

Practice Management

AICPA annual CD. 03:751.

Knowledge management. 03:361.

Practice aids. 03:449.

SOL on tax refunds. 03:163.

Procedure & Administration

Accuracy-related penalties. 03:400.

Adequate disclosure. 03:57, 185.

Audit

    initiatives. 03:195.

    tax-accrual workpapers. 03:309.

Burden-of-proof. 03:193.

Check-the-box election, late, relief. 03:24.

Collection actions, unlawful. 03:251.

Dispute resolution procedures. 03:430.

EINs. 03:449.

Electronic

    filing. 03:250.

    subscriptions. 03:125.

Employee classification relief. 03:438.

Employment tax, employee settlements. 03:240.

Estimated tax, additions to tax. 03:372.

Foreign bank account transactions, reporting. 03:185.

Information reporting, attorneys. 03:722.

Innocent spouse. 03:240, 372, 385, 600.

IRS

    mailing addresses. 03:250.

    Office of Appeals. 03:230.

K-1 matching program. 03:232.

Late-election procedures. 03:401.

LMSB realignment. 03:51.

National issues update. 03:33.

Offers in compromise. 03:4, 52, 703.

Office of professional responsibility. 03:125.

OIC user fee. 03:582.

Overpayment SOL. 03:124.

Payroll taxes

    royalties. 03:723.

    severance pay. 03:80.

    wages, in general. 03:148.

Refund

    claim SOL. 03:197.

    Saturday, Sunday or legal holiday. 03:511.

Responsible person. 03:301.

SFRs, bankruptcy discharge. 03:724.

Tax Court, equivalent hearing. 03:57.

Worker classification. 03:176.

Real Estate

REITs. 03:766.

S Corporations

Current developments. 03:620, 686.

Distributions and state withholding payments. 03:713.

ESOPs. 03:197.

Elections

    guide. 03:540.

    late election relief. 03:440.

ENPI. 03:762.

Fringe benefits. 03:293.

Investment income. 03:535.

Postliquidation payments on guaranteed loans. 03:505.

Self-employment tax. 03:80.

Special Industries

Insurance arrangements. 03:25.

State & Local Taxes

Corporate income tax developments. 03:154, 216. 

Intangible property. 03:83, 725.

Intercompany expenses. 03:566.

Legislation and audits, changing trends. 03:755.

LLPs. 03:198.

Passthrough entities, nonresident owners. 03:602, 713.

Pennsylvania capital stock tax. 03:82.

P.L. 86-272. 03:477.

Streamlined sales-tax project. 03:363.

Use tax automation. 03:536.

Voluntary disclosure. 03:538.

Tax Education

Enron report. 03:500.

Introductory tax course. 03:695.

Technology and nontraditional students. 03:290.

Uniform CPA examination. 03:108.

Tax Policy

JCT Enron reports. 03:185.

Tax Technology

Web-based tax resources.03:140.