Consideration of tax shelter case about whether warrants issued by an S corporation are a prohibited second class of stock reveals that the entire tax shelter is an arrangement that is a second class of stock.
September 2012 - The Tax Adviser
ESTATES, TRUSTS & GIFTS
Recent Developments in Estate Planning: Part I
This two-part article examines developments in estate planning and compliance between June 2011 and May 2012. Part I discusses developments regarding gift tax and trusts, an outlook on estate tax reform, and annual inflation adjustments for 2012 relevant to estate, gift, and generation-skipping transfer (GST) tax. Part II, in the October issue, will cover developments in estate tax.
expenses & deductions
Investors’ Dilemma on Purchasing Distressed Obligations
This article discusses the purchaser’s perspective of an investment in distressed obligations that are secured by leases on tangible property.
Tax Clinic
FOREIGN INCOME & TAXPAYERS
GAINS & LOSSES
INTEREST INCOME & EXPENSE
SPECIAL INDUSTRIES
STATE & LOCAL TAXES
credits against tax
Column
NEWS NOTES
PERSONAL FINANCIAL PLANNING
STATE & LOCAL TAXES
TAX PRACTICE MANAGEMENT
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.
