Advertisement

October 2023 - The Tax Adviser

  1. Magazine
  2. October 2023
  1. Issue Library
Cover Image for October 2023

TAX CLINIC

corporations & shareholders

Aggregation rules affecting foreign-owned companies

credits against tax

Defining software development costs

The true cost of ERC noncompliance

expenses & deductions

Sec. 174(d) in M&As: Risks and opportunities

Tax Court rejects bad debt deductions

FOREIGN INCOME & TAXPAYERS

Rethinking international penalty administration

MISCELLANEOUS

Beneficial ownership information reporting: Right around the corner

REAL ESTATE

A UNICAP exception for real estate development

COLUMNS

TAX PRACTICE & PROCEDURES

Responding to an IRS information document request

Claim for refund: Beware of sinkholes

DC CURRENTS

Systemic delays by the IRS in processing forms

CASE STUDY

LLC distributions that liquidate a member’s interest

TAX TRENDS

FBAR reporting requirement is not unconstitutional

Spouse’s actual signature not necessary on joint return and extension forms

TAX PRACTICE MANAGEMENT

Image of happy, sad and neutral smiley faces.

2025 tax software survey

AICPA members in tax practice assess how their return preparation software performed during tax season and offer insights into their procedures.

Tax Clinic

IRS generally eliminates 5% safe harbor for determining beginning of construction for wind and solar projects

IRS proposes using NAICS to determine lines of business for certain fringe benefit exclusions

IRS rules that community trust and affiliated nonprofit corporation can file a single Form 990

Prop. regs. issued on new qualified tips deduction

IRS rules for first time that REIT’s income from markup on electricity from EV charging stations is rents from real property