|
| James Warner is a principal in Ernst & Young's National Tax Department and is the Mergers & Acquisitions leader for the Online Tax Advisor. He specializes in the area of consolidated returns and general Subchapter C issues. In CCH's new Consolidated Returns Guide, Warner shares his expertise and provides a complete resource for tax professionals working with complicated corporate structures and the challenges they present on tax returns. In addition to his chapter on earnings and profits systems that is provided for you below, the book takes a close look at the stock basis system, intercompany transactions, loss and credit limitations, issues surrounding a subsidiary joining or leaving the consolidated group, and much more. A complete table of contents is provided below. |
|
|
Related Titles to this Article: |
Corporate Income Tax Refresher Course
Related Party Transactions and Structures: State Tax Issues
U.S. Master Multistate Corporate Income Tax Guide
|
Was this article useful?
Send us your comments: CCH-FocusOnTax@cch.com |
|
|
For many years, states have struggled with ways to collect taxes on sales made by remote sellers - mail order companies and, in recent years, Internet marketers. The new technology of the web has heightened the state's sense of urgency in this area. The U.S. Supreme Court has consistently ruled that states can't force companies without nexus to collect use taxes, but that hasn't stopped the states from trying to force the issue while companies have used tax planning strategies to avoid those collection duties. Many companies that have brick and mortar stores created separate corporations to handle their Internet sales specifically to avoid use tax collection duties. This is what has prompted a lawsuit in Illinois initiated by a law firm that is trying to use the whistleblower statute in that state to force those affiliated companies to collect taxes and, in the meantime, create a potential bonanza for the law firm. The editors of Sales & Use Tax Alert talked to all the parties involved and many other experts to give you a complete picture of what this bizarre twist means. |
|
|
Related Titles to this Article: |
Sales and Use Tax Desk Reference Set
Multistate Sales Tax Guide
Sales and Use Tax Commentaries |
Was this article useful?
Send us your comments: CCH-FocusOnTax@cch.com |
|
|
A recent edition of the Federal Tax Audio Advisor looks at the significance of specific ages and how birthday tax planning can help your clients from birth through the senior years. This interesting discussion looks at various tax thresholds and how well-timed reminders can help taxpayers save valuable dollars. For example, the tax law has a very specific take on when childhood ends. Knowing that can make or break some tax planning opportunities for families. This insightful issue also includes a Quizzer, which you can submit to earn CPE credit (grading fee additional). |
|
Related Titles to this Article: |
Tax Planning for Individuals and Small Businesses
1040 Preparation
|
|
|
|
Recent IRS actions reveal a hard-line strategy for passthrough entities such as family limited partnerships and limited liability companies involved in estate tax cases. In an upcoming article in the Journal of Practical Estate Planning, Owen G. Fiore, a founding partner of Fiore Ramsbacher LLP in San Jose, CA, takes a close look at what the IRS is doing now and gives solid advice for preparing for and preventing these challenges. He takes apart the IRS "playbook" and explains how IRC Sec. 2036 is seen as a "smoking gun" in FLP/LLC plans. The IRS is using this tool to disregard the FLP or LLC, despite many taxpayers' assumptions that they can make entity choices based on state laws. Fiore is a nationally recognized estate planner and tax litigator. He is a member of the Trusts & Estates Advisory Board and serves as a member of CCH's Financial and Estate Planning Advisory Board. |
|
To order Journal of Practical Estate Planning, click here. |
Related Titles to this Article: |
CCH Financial and Estate Planning
Business Valuation Guide
U.S. Master Estate and Gift Tax Guide |
Was this article useful?
Send us your comments: CCH-FocusOnTax@cch.com |
|
|
There seems to be no end in sight - the pace of new tax developments continues to increase, tax issues are becoming more and more complex, and work demands grow as time constraints shrink. As a result, it is more important than ever to know how to quickly find the answers to your tax questions. CCH's editors have compiled a new booklet on how to conduct effective tax research and guide you to the sources of answers to your tax questions. The explanations in this new resource will be valuable to any professional who conducts tax research, and those who use CCH Internet Tax Research NetWork will appreciate the examples drawn from specific publications and documents. |
For a complete copy of this new guide, Finding the Answers to Your Tax Questions, click here. |
Here are some of CCH's tax research resources that you can use to answer your questions:
|
Internal Revenue Code
Income Tax Regulations
Blue Book |
Was this article useful?
Send us your comments: CCH-FocusOnTax@cch.com |
|
|
|
|
|
|
|
