Tax Client Retention During the Recession
by Mark Washburn, CPA/MST
Four strategies revealed.
Is It Time to Increase the Capital Loss Limitation?
by Annette Nellen, CPA/Esq.
With investors today sustaining losses upon disposition of capital assets, the question arises (again) as to whether the $3,000 capital loss limitation should be raised.
Textron Workpapers Are Privileged Work Product
by Thomas Wechter, JD/LLM
The first Circuit held that tax workpapers are protected by the work product doctrine, but remanded the case for a determination of whether the privilege was waived through disclosure to the outside auditor.
Swapping Multiple Properties Can Nix Tax Play
by Robert Wilens/CFO Magazine
A new IRS ruling may make relying on the 1031 rule to avoid triggering taxable gains until there is a sale, virtually impossible.