August 2011 - The Tax Adviser

Treating self-created customer-based intangibles as assets separate from goodwill can result in more favorable tax treatment for these intangibles. This article examines the rules regarding the separate treatment of self-created customer-based intangibles and the situations in which separate treatment may be beneficial.

This article looks at recent court decisions regarding S corporation shareholder reasonable compensation that provide helpful guidance on how an adviser can determine what is reasonable compensation.

This article presents results from the 2011 tax software survey. More than 10,000 CPAs assessed tax prepartion products and provided detailed information about what they liked and disliked about their tax software.