March 2012 - The Tax Adviser

The IRS should revise the instructions for Form 8283 to more clearly explain when it is required to be filed, given that the instructions state that failure to file the form can cause the deduction to be disallowed in its entirety.

This article examines five issues corporations commonly encounter in complying with the built-in gains tax.

This article covers recent developments affecting individual taxation. The items are arranged in Code section order