February 2012 - The Tax Adviser

Prop. Regs. Require NUBIG and NUBIL Redetermination for Consolidated Sec. 382 Purposes

IRS Launches Worker Classification Settlement Program

Tax Court Rules Notice Not Required for Crummey Powers

The Dual Consolidated Loss Quandary

States Battle for R&D Investment by Enhancing Tax Incentives

Different States’ Approaches on Sales Tax Treatment of “Deal of the Day” Instruments

Proposed Regs. Relating to the Retail-Inventory Method

Fourth Circuit Rejects Retroactive Accounting Method Change

Proposed Sec. 382 Regs. Simplify Small Shareholder Treatment

Losses Related to an Insolvent Corporation

Final “Hot Stock” Regs. and Dunn Trust

Increased Focus on and Potential Ramifications of R&E Expenditures

Invalid Sec. 754 Elections: Some Observations

Integrating Circular 230 into the Tax Curriculum: Appendix

Integrating Circular 230 into the Tax Curriculum

Determining the LLC’s Required Year

Specified Foreign Financial Assets Reporting Regs. Issued

Recurring-Item Exception Clarified

New Passive Activity Treatment of LLC Members and Limited Partners Proposed

Low-Income Community Businesses and New Markets Tax Credit Regs.

Government Contractor Withholding Repealed and Veterans Job Credits Enacted

2012 Standard Mileage Rates Released

Tax Planning Opportunities for Funding an IRA

Circular 230: Its Day-to-Day Impact on Tax Practices

IRS Nonacquiesces to Tax Court Fraud Holding

Exercise of Stock Options Results in Taxable Income and Compensation Deduction