March 2013 - The Tax Adviser

The “fiscal cliff” legislation enacted on Jan. 2—the American Taxpayer Relief Act, P.L. 112-240—contains a large number of tax provisions.

A recent First Circuit decision will affect how the tax benefits of certain façade easements are litigated in the First Circuit and may result in appeals of some of the Tax Court’s recent easement holdings.

This article covers recent developments in individual taxation. The items are arranged in Code section order.

Once the exclusive province of large accounting and law firms, now even the smallest firms must master cross-border tax issues.