You Created a Trust—So Now What?
Edward D. Brown and Eric R. Kaplan discuss how an integrated estate plan (IEP) can utilize a combination of trusts and other legal entities to…
read moreIRS Amnesty to Offshore Tax Evaders—The Last, Last Chance?
Ronald A. Marini, in Corporate Business Taxation Monthly, explains the IRS’s recent announcement of a penalty structure for voluntary disclosures that gives taxpayers the chance…
read morePublic Accounting Report
Public Accounting Report is the leading provider of competitive intelligence for public accounting firms and the profession. It is renowned for its straight reporting and…
read moreExecs Concerned About Risk of Audits
With governments looking for additional revenue during tough economic times, the increased possibility of a tax audit is the top tax risk facing organizations, according…
read moreIRS Simplifies NOL Carryback Rules
In order to clarify some confusion regarding the NOL Carryback Rules, the IRS issued Rev. Proc. 2009-26, IRB 2009-19, which provides that electing small businesses…
read moreIf You Build It (or Contract to Build it) They Will Come: Final and Temporary Regulations Under Code Sec. 954(d) Address the Manufacturing Exception and Branch Rules
New regulations address when a controlled foreign corporation (CFC) that is a “principal” in a “contract manufacturing” (or similar) arrangement can come within the “manufacturing…
read moreAn Analysis of the Green Book’s International Tax Enforcement Provisions for U.S. Persons
In the July issue of TAXES — The Tax Magazine, Dean Marsan examines the Green Book’s international tax enforcement provisions for U.S. persons. The U.S.…
read moreHow California (and Other States) Have Responded to the Economic Crisis
The Journal of State Taxation offers a timely article by Kathleen K. Wright on the current budget crisis in many states and the tax revenue…
read moreSuccession Planning Spells SUCCESS
The primary purpose of every good succession plan is to provide the seller or retiring owner with options and opportunities. The best succession plan is…
read moreThe New FBAR is Here
In the International Tax Journal, Michael Miller explains the important FBAR reporting requirements. Each United States person who has a financial interest in or signature…
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