October 2007 - The Tax Adviser

Sec. 1446 Withholding

Tax Treatment of Market Discount Bonds

Sale of Vacation Home Disallowed as Tax-Free Like-Kind Exchange

Kiddie Tax Changes for 2008

New Rules Govern Practice Before the IRS

S Stock Call Options as a Second Class of Stock

Modifying the Order of Distribution Rules for an S Corporation with AE&P

Tax Considerations for Corporate Aircraft

Some Prior-Year MTCs Will Be Refundable Beginning in 2007

Nonqualified Deferred Compensation and Sec. 409A Final Regs.

Benefits Under PPA ’06 Expand to Include Beneficiaries

Debt-Financed Income and UBTI

Payments for Future Remediation Expenses Are Not Insurance Premiums

Opportunities to Claim Health Care Expenses as Deductions

The CPA’S Role in Reviewing LLC Allocations

Prop. Regs. Clarify Treatment of Trust Administrative Expenses

IRS Releases Tax Gap Report

IRS Announces Redesigned Form 8857

Guidance on FIN 48 and Independence

The Growing Epidemic of Financial Elder Abuse (and What CPAs Can Do About It)

IRS Announces New Approach to the National Research Program

Installment Agreements: An Alternative to Offers in Compromise

Distinguishing Between Independent Contractors and Employees

Advantages of a C Corporation

IRS Extends the Reach of Sec. 83 to Post-Grant Stock Transfers