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AICPA
August 23, 2012
Corporate Taxation Insider
AICPA
  IN THIS ISSUE:   > Articles   > Advertisement   > News   > CPA News to Know   > Video   Feedback  Contact Us  
 
 
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Articles
   
2013 tax changes require thorough year-end tax planning
By Blake E. Christian, CPA
If Congress does not act before the end of 2012, tax planning will present many challenges (and opportunities) for taxpayers.
   
 
     
Using the "one-day note" in S corporation stock sales
By Carolyn Sprinchorn, J.D., LL.M., and Thomas R. Wechter, J.D., LL.M.
The use of a "one-day note" in an S corporation stock sale treated as an asset sale with a deemed liquidation replicates the tax consequences of the S corporation's not liquidating.
   
 
   
Back to school: Sales tax nexus lessons
By Annette Nellen, Esq., CPA
Teachers, classrooms, bright-line tests: Let's go back to school and learn the "vagaries of physical presence."
   
 
   
Now is the time: Converting a C corporation to an S corporation or LLC
By Michael F. Lynch, J.D., CPA, David B. Casten, J.D., LL.M., CPA, and David Beausejour, J.D., CPA/The Tax Adviser
Historically low income tax rates, currently scheduled to expire at the end of 2012, make it an ideal time to convert C corporations to S corporations or limited liability companies.
   
 
2010 Health Care Reform Act: Critical Tax and Insurance Ramifications for You, Your Business, and Your Clients
S Corporation Fundamentals
The Life of a Business Entity: Formation, Existence, Restructuring and Termination
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News
 
Notice permits charitable contributions to single-member LLCs
Clearing up an area of uncertainty, the IRS has issued a notice clarifying the tax treatment of donations to disregarded single-member LLCs owned by a charity.
   
 
 
Prop. regs. would clarify who is subject to Sec. 274(n) limit on meal expenses
Which party is subject to the 50% limit on deductions for meals when an employee or independent contractor is reimbursed under an expense allowance arrangement?
   
 
 
Regulations finalize rules on entertainment use of business aircraft
What are the rules for the disallowance under Sec. 274 of deductions for the use of business aircraft for entertainment?
   
 
 
Treasury releases model intergovernmental agreement for FATCA
The Treasury Department has released two versions of a model intergovernmental agreement: reciprocal and nonreciprocal versions for foreign financial institutions reporting on foreign accounts.
   
 
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New In The Store
  The IRA Distribution Rules: IRS Compliance and Audit Issues
The potential liability for taxpayers who violate the retirement account rules is significant. Clients and heirs who do not adhere to these rules properly can trigger IRS examinations and may incur significant penalties. This book explains the key IRA rules so that you can advise your clients about the myriad distribution rules and other IRA compliance issues.
 
  The Life of a Business Entity: Formation, Existence, Restructuring and Termination
Ample case studies from real-life client situations in this course help you home in on the key issues surrounding the factors that drive the optimal form of organization of a business.
 
  PFS Credential Exam
The 2012 PFS exam period is Dec. 26 through Feb. 5, 2013; multiple review options are available prior to each exam.
 
Didn't find what you were looking for? Visit the AICPA Store
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AICPA members receive discounts on select Fujitsu scanners through Tech Depot. Click here for details.
 
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CPA News to Know
1
1 Tax aspects of donating a car to charity
 
1
1 Education tax incentives are too complicated, AICPA tells Congress
 
1
1 False internet rumors about "real estate transaction tax" worry taxpayers
 
1
Career Opportunity Spotlight
   
ERP/Tax Experts
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Video
   
Seasonal employees
The IRS explains the employment tax rules that apply to seasonal employers.

 
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