Federal Taxation

Handling Contingent Attorney Fee Expenses: What Tax Preparers Need to Know (August 2014)

Federal Tax Implications of Windsor: Major Issues Confront Same-Sex Married Couples (July 2014)

Deducting Noncash Charitable Contributions: Documentation and Substantiation Requirements (May 2014)

A Primer on Household Employees: Avoiding Adverse Tax Implications
(December 2013)

Tax Implications for Bloggers (November 2013)

Marital Status after DOMA: Exploring the Practical Tax Implications (October 2013)

Tax Implications of Healthcare Reform for Small Businesses (October 2013)

Business Expense Deductions versus Hobby Expense Deductions: Recent Court Cases between Taxpayers and the IRS (September 2013)

Supreme Court Rulings May Not Eliminate Tax Complexities Unique to Same-Sex Couples (September 2013)

A Practical Look at the Hobby Loss Rule: Determining Factors in Recent Court Cases (August 2013)

Proving that Personal Goodwill Exists: Planning Advice for Professionals Based on Recent Cases (June 2013)

Taxing Ministers of the Gospel: The Good News (May 2013)

The Capitalization Versus Deduction Rules Simplified: Acquisition or Production of Tangible Property and Subsequent Expenditures (April 2013)

Strategies for Reducing the AlternativeMinimum Tax Liability: Considering the AMT’s Design and the Effect of State Taxes (March 2013)

Implications of the 2013 ‘Fiscal Cliff’ Deal: ATRA Raises Taxes on Investment Income (March 2013)

Tracking Capital Expenditures: Exploring Cost Segregation Studies and Related Temporary Regulations (February 2013)

Classifying Independent Contractors and Employees (December 2012)

Does Basis Overstatement Trigger a Six-Year Limitations Period?: The Supreme Court Ends the Debate (December 2012)

Tax Savings from the Sale of Qualified Small Business Stock (August 2012)

Home Office Deductions: A Review of the Requirements (June 2012)

The Charitable Contribution of a Home: A Deduction up in Smoke? (May 2012)

An Update on New Tax Law Changes: 2011 Tax Return Preparation and Strategic Tax Planning for 2012 (March 2012)

Treasury Regulations Entitled to Greater Deference Under Chevron: Supreme Court Clarifies Itself on Judicial Interpretation (February 2012)

Considerations in the Classification of Workers: Schramm Decision Addresses Adjunct Professors (February 2012)

20 Questions on Marriage and Taxes: Penalties and Bonuses for Filing Status (December 2011)

How the AMT ‘Stealth’ Tax Surcharge Disrupts Marginal Tax Rate Planning Through Transaction Timing (December 2011)

Measuring the Value of 100% First-Year Depreciation (November 2011)

Clarifying Head of Household Issues (October 2011)

Preparing for the 2013 Medicare Contribution Tax (September 2011)

Revenue Procedure 2010-13 Provides Guidance for Passive Activity Groupings (August 2011)

Independent Contractor or Employee? (June 2011)

Recovering Administrative and Litigation Costs: Reasons for Taxpayers to Have Hope (May 2011)

The Tax Consequences of Buying a Distressed Loan: When Does the Open Transaction Doctrine Apply? (April 2011)

Planning to Minimize the New Medicare Taxes (April 2011)

Maximizing Current-Year Deductions on Investments in Business Assets: Taking Advantage of Recent Tax Acts (April 2011)

How to Calculate the Healthcare Tax Credit (April 2011)

Basis Overstatement Still Does Not Trigger Six-Year Limitations Period (March 2011)

The Anatomy of an Excise Tax: Indoor Tanning Services (February 2011)

Finding Clarity in the IRS’s Position on Barter Transactions (January 2011)

Helping Small Businesses Provide Healthcare Coverage (December 2010)

Medicare Part B Premiums: A Hidden Income Tax (December 2010)

The Basics of Private Letter Rulings (November 2010)

Children and the AMT: Saved by the Kiddie Tax (November 2010)

Seventh Circuit Does Not Hear “Audible Silence”: Innocent Spouses Must Comply with Two-Year Deadline (October 2010)

A Reexamination of the Deductibility of Graduate Business Educational Expenses (September 2010)

Recent Income Tax Developments Involving Cell Phones (September 2010)

A Conceptual Approach to the Individual NOL Deduction (August 2010)

Lessons for Tax Planners: ARRA Shows Congress Is Changing Taxes for Individuals (August 2010)

Drinking and Driving: Taxpayer Allowed to Take Casualty Loss for Car He Wrecked (July 2010)

Nurse Wins Favorable Ruling on Deducting MBA Educational Expenses (June 2010)

What Is Reasonable Compensation for S Corporation Shareholder-Employees? Some Practical Guidance (May 2010)

Section 1031 Like-Kind Exchanges and Entity Considerations (May 2010)

Tax Implications and Other Considerations of Winning a Lottery (April 2010)

Like-Kind 1031 Exchanges with Aircraft (April 2010)

New Federal Tax Legislation: Home Buyer Credit, Electronic Filing, and Other Provisions (April 2010)

Activities Not Engaged In for Profit: How the Courts Interpret IRC Section 183 (March 2010)

IRS Guidance for Ponzi Scheme Losses (February 2010)

Tighter Rules for Excluding Gain on Principal Residence Sales (February 2010)

Education Expenses: An Analysis of the New American Opportunity Credit (February 2010)

Deductibility of Expenses Associated with Renting a Second Home (January 2010)

Like-Kind Exchanges of Mixed-Use Property: Spotlight on Bed and Breakfast Inns(October 2009)

Congressional Plan for Economic Recovery: Overview of Recent Tax Acts (August 2009)

Cancellation of Debt Income Can Be a Surprise for the Borrower (August 2009)

Can IRC Section 1341, Claim of Right, Relieve the Pain of Madoff-Related Losses? (July 2009)

How Deductions, Credits, and Other Benefits Impact the Actual Marginal Rate (June 2009)

New Rules and Penalties for Disclosure of Tax Data (May 2008)

A Tax Professional’s Guide to Madoff-Related Losses: Answering Victims’ Questions on 2008 Returns (March 2009)

New Real Estate Tax Deduction: Is It a Loan, Tax Credit, or Hybrid? (March 2009)

Using the New ‘Qualified Joint Venture’ (February 2009)

Tax Court Can Be a Risky Bet for Gamblers (December 2008)

Problems and Prospects for Schedule C Preparers (October 2008)

Tax Planning Rules for Ministers (September 2008)

New Preparer Penalties (July 2008)

Performance-Based Compensation Exemption in Severance Protection Cases (July 2008)

Basis Overstatement Does Not Trigger Six-Year Statute of Limitations (June 2008)

Mortgage Forgiveness Debt Relief Act of 2007 Reduces Negative Tax Consequences from Foreclosuress (April 2008)

Employment Tax Audits (April 2008)

The Domestic Production Deduction and Sole Proprietors (January 2008)

Foreign Investment in U.S. Real Property (December 2007)

IRS Changes Position on Advance Trade Discounts (December 2007)

Carried Interest: What Is It and How Should It Be Taxed? (November 2007)

IRS Fast-Track Settlement for Small Business/Self-Employed Taxpayers (November 2007)

Early Retirement: IRS-Approved Options for Early Withdrawals (October 2007)

Nondeductible Versus Deductible Expenses (September 2007)

Second Circuit Rules on Deductibility of Investment Advisor Fees Incurred by Trusts (September 2007)

Can a Video Poker Player Qualify as a Professional Gambler for Tax Purposes? (September 2007)

Definition of a Qualifying Foster Child (August 2007)

When Is Real Estate a Capital Asset, and When Is It Not? (July 2007)

Volunteers and Their Responsibilities for Trust Fund Taxes (July 2007)

Attaining Capital Gains Treatment of Property Transactions: Dealer Versus Investor (June 2007)

Tax Consequences of Continuing-Care Retirement Community Fees (May 2007)

How About a Vacation from the Complexity of Vacation House Rules? (April 2007)

Sixth Circuit Court of Appeals Reverses Debt-Versus-Equity Issue (April 2007)

States' Tax Credits for Company-Financed Research (February 2007)

Increased Scrutiny of Reportable Transactions (January 2007)

IRC Section 1031 Tax-Deferred Exchanges (January 2007)

What Is an 'Honest and Reasonable' Tax Return? (January 2007)

Unreported Tip Income: A Taxing Issue (December 2006)

Planning for the 2008 - 2010 Zero-Percent Adjusted Net Capital Gain Rate (December 2006)

The Bankruptcy Reform Act of 2005: A New Landscape (November 2006)

Recent Refund Case Highlights IRS Tactics and Informal Claim Doctrine (September 2006)

Abusive Tax Shelters (August 2006)

Determining the Statute of Limitations in Federal Tax Cases (August 2006)

Real Estate Investors Can Benefit from Cost Segregation Studies (July 2006)

Collection Due Process and Bankruptcy (June 2006)

IRS Issues Proposed Regulations on the Domestic Production Activities Deduction (May 2006)

Deductibility of MBA Educational Expenses Under the Allemeier Opinion (April 2006)

New Rules for Dependency Exemptions (March 2006)

Benefits for Servicemen and Women Under the Military Family Tax Relief Act of 2003 (January 2006)

The American Jobs Creation Act and Partnership Basis Adjustments (January 2006)

Minister Housing Allowance Presents New Challenges (December 2005)

Tax Act Creates Uniform Definition of a Qualifying Child (December 2005)

Navigating the Depreciation Decoupling Maze (November 2005)

Recent Reform and Simplificationsfor S Corporations (November 2005)

Tax Court Offers Clarification on IRC Section 6330 Appeals Hearings (October 2005)

Shifting the Burden-of-Proof Rules in Federal Tax Cases (August 2005)

Tax Changes in the American Jobs Creation Act of 2004 (August 2005)

2004 Tax Update: Federal, New York, New Jersey, and Connecticut (July 2005)

International Shipping Industry Benefits from Recent Tax Changes (June 2005)

Offshore Outsourcing of Tax-Return Preparation (June 2005)

Expansion of Merger and Consolidation Provisions (June 2005)

Rethinking the 'Responsible Person' Penalty (June 2005)

Working-Condition Fringe Benefits (May 2005)

New Rules for Reporting Book-Tax Differences (May 2005)

Contingent Attorneys'; Fees: The Income Tax Dilemma (April 2005)

Acceptance of an Offer in Compromise May Preclude Further Relief (April 2005)

Are Business Trips Deductible Expenses or Taxable Employee Fringe Benefits? (March 2005)

A Student Perspective on the IR's VITA Program (February 2005)

New Tax Acts Toughen Rules for Noncash Charitable Contributions (February 2005)

Per Diem Nonmeal Expenses Subject to 50% Limitation (January 2005)

The Working Families Tax Relief Act of 2004 (January 2005)

New Ruling on Treatment of Environmental Cleanup Costs (January 2005)

Combined Filing and Federal Public Law 86-272 (December 2004)

New Rules Prevent Duplicated Losses (November 2004)

IRS Raises Standard for Tax Practitioners Providing Tax Opinions (November 2004)

Some IRS Determination Letters of Tax-Exempt Status Are Subject to Disclosure (November 2004)

Dividends and Capital Gains Planning After the 2003 Tax Act (October 2004)

Dividend Tax Rate Cuts Benefit Closely Held Corporations (October 2004)

Factors and Considerations in the Claim of Right Doctrine (October 2004)

Deductibility of Moving Expenses (September 2004)

Home-Based Business Deductions Are Not Always Legal (September 2004)

Post-Ownership Change Treatment of Built-in Gains and Losses (August 2004)

Points to Consider on Tip-Reporting Agreements (July 2004)

The National Taxpayer Advocate (July 2004)

A Simpler 'Life' for Some Business Taxpayers (June 2004)

Accounting Firm Required to Release Names of Investors in Tax Shelter (June 2004)

Related-Party Like-Kind Property Exchanges: Recent IRS Guidance (May 2004)

Deductibility of Real-Estate Loan Refinancing Charges (May 2004)

Responsible Person Penalty: A Look at the Elements (April 2004)

Business Valuation
The AICPA Business Valuation Standard SSVS 1
(December 2008)

Not-for-Profit Organizations
New York Benefit Corporations: Bringing Social Responsibility to Business

(March 2014)

Reporting the Governance, Management, and Disclosure Policies of Nonprofits in the Redesigned Form 990 (July 2011)

Seeking Protection from the Trust Fund Recovery Penalty: Board Volunteers May Find It Difficult to Satisfy IRC Section 6672(e) (November 2009)

The Revision of Federal Form 990 (July 2009)

Intermediate Sanctions and Exempt Organizations (June 2006)

Corporate Taxation
Structuring a Bona Fide Sale of Excess or Slow-Moving Inventory for Tax Purposes:
Lessons from Relevant Court Cases
(March 2014)

Dealing with Schedule UTP Disclosure Requirements: Tips for Small and Medium-Sized Entities (August 2013)

Distinguishing Debt from Equity: A Practical Assist (January 2013)

Has the S Corporation Outlived Its Usefulness? (February 2012)

The IRS and the ‘Responsible Person’ for Paying Employment Taxes: A Case Study (November 2011)

The Research Credit: Valuable but Often Overlooked (October 2011)

Considerations in the Advance Pricing Agreement Application Process:
Transfer Pricing Issues for Taxpayers
(September 2011)

Tax Advantages for Sales-Based Royalties (September 2011)

The Increase in Transparency Requirements for Corporate Tax Positions (March 2011)

The New Healthcare Tax Credit for Small Employers (March 2011)

Tax Considerations of Closely Held Corporation Equity-based Compensation (January 2011)

IRS Access to Tax Workpapers: Implications of the First Circuit Ruling on Textron (October 2010)

Is It Time to Pay the Piper? New IRS Project Increases the Odds of an Employment Tax Audit (August 2010)

Tax Benefits of Converting a C Corporation with Undervalued Assets (April 2010)

State Sales Tax and Manufacturing Plant Location (December 2009)

Trading in CO2 Credits: Tax Issues to Consider (January 2009)

GlaxoSmithKline and the IRS Finally Find Relief with Zantac (June 2008)

FIN 48 Forces Companies to Wrestle with Uncertain State Nexus Standards (May 2008)

Transfer Pricing and Tax Planning (November 2007)

The Challenges of Transparency in Corporate Tax Departments (October 2007)

Certain Tax Issues Concerning Employee Termination Fees (July 2007)

Pitfalls in Preserving Net Operating Losses (March 2007)

S Corporations and Rental Income (October 2006)

Inside the New Schedule M-3 (September 2006)

S Corporations' Shareholders as Guarantors of Loans Owed to Third
Parties
(August 2006)

Sarbanes-Oxley Section 404 and Mandatory E-filing (July 2006)

Minimizing Self-Employment Tax of LLC Managing Members (June 2006)

S Corporations and Salary Payments to Shareholders (May 2006)

New York State Sales Tax and the Choice of Business Entity (May 2006)

Interest-Free Loans to Shareholders (January 2006)

New Schedule M-3 Expands Reporting for Large Corporations (August 2005)

Net Operating Losses, S Corporations, and Shareholder Bankruptcy (May 2005)

More States Challenge Trademark Holding Companies (April 2004)

State & Local Taxation
New York State Property Tax Assessments and the Homestead Option (April 2014)

Planning for the New Jersey Inheritance Tax (February 2014)

Statutes of Limitations for Personal Income Tax Returns: An Overview of State Rules and Requirements (January 2014)

An Update on the Streamlined Sales and Use Tax Project (November 2013)

Tax Provisions of New York’s 2013/2014 Budget Act (October 2013)

Modifications to State Business Tax Systems: Exploring the Effect on Companies’ Multistate Conduct (May 2013)

Complying with Expanding State Transfer Pricing Rules: Strategies for Multistate Corporations (April 2013)

Sales and Use Taxes for E-Commerce Transactions: Examining Court Decisions and Pending Legislation (November 2012)

Marriage Equality in New York and Beyond: To Love, Cherish, and Tax (October 2012)

New York Enacts an On-time Budget for the Second Straight Year (July 2012)

Relocating Assets Out of State: How New Yorkers Can Take Advantage of Tax-Free Trusts in New Hampshire (July 2012)

Sales Taxation of Services: A Look at New York, New Jersey, and Florida (June 2012)

2010 Storm Losses May Provide an Enhanced Tax Benefit (February 2011)

Tax Credits for Private School Scholarships (February 2010)

New York City Conforms Business Taxes with New York State (December 2009)

Taxation of Gains and Losses on Sales of New York Subsidiary Stock (November 2009)

New York Criminal Tax Investigations: Strategies Used by the Special Investigations Unit (October 2009)

New York Raises Taxes to Cover Plummeting Receipts (August 2009)

Using Childcare Tax Benefits in New York State (March 2009)

New York State Electronic Filing Mandates (February 2009)

Implications of the 2008-2009 (January 2009)

Tax Controversies in New York (November 2008)

Out-of-State Sales Tax Collection Obligations (August 2008)

Comparing State Taxes When Making Business Decisions (March 2008)

New York City's 2007 Business Tax Package (October 2007)

Highlights of the New York State 2007/2008 Budget Act (June 2007)

A Change in Domicile from New York to Florida Can Help Minimize Taxes (March 2007)

Twists in Determining New York State Taxable Income (February 2007)

New York Reduces the Franchise Tax for Small Businesses (November 2006)

New York Introduces Security-Training Tax Credit (May 2006)

New York City Makes Major Changes to the Unincorporated Business Tax (April 2006)

New York Personal Income Tax for Part-Year Resident Partners (April 2006)

Telecommuting and Its Effect on State Income Taxes (March 2006)

New York Moves to a Single-Factor Allocation Formula (February 2006)

Certain Nonresident New York City Employees Must Pay Tax on All Income (November 2005)

Tax Provisions of the 2005/2006 New York State Budget (October 2005)

New York State Permits Multiple Deductions for Higher Education Costs (October 2005)

E-filing Update for New York,New Jersey, and Connecticut (July 2005)

Evaluating the Election to Deduct State and Local Sales Tax (April 2005)

American Jobs Creation Act of 2004 and State Income Taxes (March 2005)

Tax Changes in the New York State 2004-2005 Budget (November 2004)

Tax-free Pension Rollovers into IRAs (September 2004)

New Jersey Increases Taxes and Fees (August 2004)

Calculating and Reporting Use Tax in New York (July 2004)

New York Challenges 631(d) Treatment (June 2004)

Compliance & Enforcement
Foreign Bank Accounts: Opting Out of the Offshore Voluntary Disclosure Program
(August 2014)

Statute of Limitations for an Overstatement of Basis: Analyzing the U.S. Supreme Court Ruling and Related Cases (January 2014)

Meeting the Demands of IRC Section 274(d): Substantiating Trade or Business Expenses (December 2013)

The IRS’s ‘Dirty Dozen’ Tax Scams: A Guide for Tax Professionals and Taxpayers (June 2013)

Taxpayers’ Reliance on Professional Tax Advice: Examining the Penalties under IRC Section 6662 (February 2013)

The Economic Substance Doctrine: Understanding the IRS’s Guidance on its Proper Application (October 2012)

Tax Penalties and Deterrence: Determining Effectiveness and Taxpayer Perception (September 2010)

CPAs Beware: Disclosure or Use of Taxpayer Information Requirements Under IRC Section 7216 (July 2010)

Real-Time Corporate Tax Audits and Their Impact on Financial Reporting (January 2010)

Criminal Tax Evasion and Taxpayer Intent: Supreme Court Says No Harm, No Foul (June 2009)

Do Taxpayers Want Less Aggressive Returns? (February 2008)

Tax 'Cheating' by Ordinary Taxpayers: Does the Underreporting of Income Contribute to the 'Tax Gap'? (March 2007)

The Tax Gap: Measuring the IRS's Bottom Line (April 2006)

Estates & Trusts
RAs in the Gross Estate Not Reduced for Income Taxes (November 2006)

Taxation of a New York Statutory Unitrust (December 2004)

Charitable Contributions (August 2004)

Estate Planning
Before the Sun Sets: Examining the Portability Election and Related Temporary Regulations (September 2012)

What Planners Need to Know About Portability: Strategies to Minimize Estate Taxation in an Uncertain Landscape (December 2011)

Life Insurance Is Now Taxable? (September 2008)

Personal Financial Planning
Maximizing the Tax Deduction for Income in Respect of a Decedent (September 2005)

Divorce-Related Developments: Tax Lessons (September 2004)

Online Resources
Twenty Questions About Tax Resources on the Internet (July 2005)

International Taxation
Comparing the Foreign Earned Income Exclusion and the Foreign Tax Credit: Which Leads to Greater Savings?
(June 2014)

The Creditability of Foreign Taxes: Supreme Court Decides on British Windfall Profits Tax (October 2013)

Reporting Foreign Investments and Activities: Requirements and Penalties for Foreign and U.S. Taxpayers (July 2013)

Foreign Currency Strategies Can Produce Unforeseen Tax Consequences (August 2012)

Double Tax Treaties: The Basics and Benefits (March 2011)

Personal Income Tax Issues for International Students in the United States (March 2010)

United States–Canada Income Tax Treaty Update (October 2008)

Marks & Spencer: A Case for Pro-European Tax Harmonization (January 2008)

Repatriated Dividends Encouraged Under the American Jobs Creation Act (January 2006)

Tax Policy
U.S. Individual Tax Changes and Reforms: Implications of the American Taxpayer Relief Act of 2012 and the Affordable Care Act of 2010
(December 2013)

Assessing the Marriage Penalty in 2013: Negative Incentives Remain in Place for High-Income Couples (December 2013)

Factoring Inflation into the Capital Loss Deduction: Is It Time for Reform? (February 2013)

Tax-Gap Closers of Recent U.S. Budget Proposals and Tax Legislation
(December 2012)

U.S. Corporate Tax Reform Proposals: Staying Competitive in a Global Economic Downturn (December 2012)

The 2007–2009 Recession in Focus: Its Impact on Individual Taxpayers and States (November 2012)

Tax Implications of U.S. Budgetary Pressures: Uncertainty over the Tax Code and the Impetus for Reform (April 2012)

Prospects for U.S. Corporate Tax Reform: Deferral Clouds the Picture
(January 2012)

Revitalizing U.S Manufacturing: The Role of Tax Policy (June 2010)

Tax Strategy Patents: Truth and Consequences (February 2008)

Tax Planning
Cost Recovery Issues Involving the Acquisition of Open-Air and Prefabricated Structures
(July 2014)

Using the Incentive Stock Option Qualification: Mind the Details to Ensure Favorable Tax Treatment (December 2011)

Tax Consequences of Home Sales and Foreclosures (September 2008)

Individual Income Tax Planning (February 2008)

Tax Incentives
Qualified Production Activities under IRC Section 199: Review and Analysis of New Developments
(January 2014)

An Update on Company-Financed Research and Development Credits: A State-by-State Comparison (January 2013)

Is the Sun Still Shining on Investments in Solar Electric Property? (September 2012)

Charitable Donations: The Role of ‘Cash Back Rewards’ (February 2012)

Incentives for Businesses to Go Green: Understanding the Tax Consequences of Environmental Capital Expenditures (November 2008)

Going Green with Propane School Buses Offers Great Tax Advantages (March 2010)

Proposed Tax Incentive for Payers of Child Support (June 2007)

Slots, Racing Fund and Tax Law (April 2007)

Renewal Communities Revisites (November 2006)

Fraud
Aiding and Abetting Fraud by Filing False Tax Returns: Can a Tax Preparer Be Held Liable?
(April 2014)

Helping Taxpayers Who Are Victims of Identity Theft (July 2011)

Deductibility of Theft Losses: Looking for Context for Madoff-Related Claims (March 2009)



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