The Tax Adviser6 年
Employment tax penalties: Let’s keep it civil
Many practitioners who counsel business clients, both small and large, are familiar with the difficult challenges that quickly arise when taxes are withheld from employee wages but not turned over to ...
The Tax Adviser8 年
C Corporation Income Taxation
Fifth Circuit vacated Tax Court’s decision that MoneyGram International Inc. was not a bank because the Tax Court applied incorrect definitions of “deposits” and “loans.” ...
The Tax Adviser8 个月
C Corporation Income Taxation
When multinational enterprises proactively initiate transfer pricing adjustments to avoid penalties or for other reasons, a tax treaty’s mutual agreement procedure (MAP) can help prevent double ...
The Tax Adviser7 个月
Taxation of Estates & Trusts
Proceeds from life insurance on decedent not includible in his estate. The IRS issued guidance for recipients of property from decedents on the basis-consistency requirement and for executors and ...
The Tax Adviser8 年
Click-Through Nexus: Pushing the Boundaries of Sales Tax Compliance
Sales and use tax compliance has been complicated by nexus expansion. In this sponsored report we provide an overview of this issue and include a handy state-by-state summary of click-through nexus or ...
The Tax Adviser15 年
C Corporation Income Taxation
The IRS ruled that exchanged intangibles such as trademarks, trade names, mastheads, and advertiser and subscriber accounts may be eligible for like-kind exchange treatment. While most tax planning ...
The Tax Adviser2 年
S Corporation, Partnership & LLC Taxation
When LLC members receive payments for services performed for the LLC, the tax treatment depends on whether the member is performing the services in the capacity as a member. Approval of an S election ...
The Tax Adviser9 年
About The Tax Adviser
The Tax Adviser is a monthly publication of the American Institute of CPAs, providing tax practitioners with timely, in-depth, practical, and comprehensive information on federal and state tax ...
The Tax Adviser2 年
S Corporation Income Taxation
The IRS says covered corporations will not have to report or pay the new 1% stock repurchase excise tax until it issues forthcoming regulations. The IRS waived the penalty for corporations that did ...
The Tax Adviser3 年
Specialized Issues
The Financial Crimes Enforcement Network extended filing deadlines for reports of foreign bank and financial accounts (FBAR) for people in federally declared disaster areas of five storms. It also is ...
The Tax Adviser5 年
Partnership and LLC Taxation
Failure to properly complete all required fields on Form 8283, including the donor’s cost or other basis, could jeopardize the entire deduction with respect to the donated property.