To get through the rigors of tax season, CPAs depend
on their tax preparation software. Here’s how they rate
the leading professional products.
PRACTICE MANAGEMENT
August 2018 - The Tax Adviser
GROSS INCOME
The receipt and redemption of rewards program points: Tax and reporting implications
The taxation of frequent flyer miles and other points taxpayers receive from rewards programs is a vexing problem, involving questions of timing, amount, and reporting of income.
TAX CLINIC
corporations & shareholders
expenses & deductions
FOREIGN INCOME & TAXPAYERS
INTEREST INCOME & EXPENSE
partners & partnerships
STATE & LOCAL TAXES
COLUMNS
NEWS NOTES
BEST ARTICLE AWARD
TAX PRACTICE RESPONSIBILITIES
CAMPUS TO CLIENTS
employee benefits & pensions
Profits interests: The most tax-efficient equity grant to employees
By granting them a profits interest, entities taxed as partnerships can reward employees with equity. Mistakes, however, could cause challenges from taxing authorities.
