The AICPA’s Foreign National Task Force has developed tools to help practitioners deal with issues that arise when preparing Form 1040NR for a foreign national.
June 2008 - The Tax Adviser
employee benefits & pensions
Tax Planning with Single-Employer Qualified Plans
This article discusses the rules of Sec. 404 regarding the ability to deduct contributions to single-employer qualified retirement plans. It explains required contributions, and respective limitations, for tax deductible contributions to qualified retirement plans and outlines the requirements related to the timing of plan contributions.
ESTATES, TRUSTS & GIFTS
How Will Final Regs. Apply the Knight “Commonly Incurred” Test?
In Knight, the Supreme Court held that under Sec. 67(e), a trust expense otherwise subject to the 2% of AGI floor is fully deductible under the exception in Sec. 67(e) only if it would be uncommon for an individual holding the same property to incur the expenses.
Tax Clinic
GROSS INCOME
TAX ACCOUNTING
corporations & shareholders
credits against tax
expenses & deductions
partners & partnerships
Column
CASE STUDY
NEWS NOTES
STATE & LOCAL TAXES
TAX PRACTICE MANAGMENT
PRACTICE MANAGEMENT
2024 tax software survey
To get through the rigors of tax season, CPAs depend on their tax preparation software. Here's how they rate the leading professional products.
