Individual Income Tax - Specialized Issues

Topics

March 1, 2018

Individual taxation: Report of recent developments

This article is a semiannual review of developments
in individual federal taxation, including issues of alimony, trade or business expenses, and recognition of loss.

February 1, 2018

A new approach to ethics education: Giving voice to values

The Giving Voice to Values approach focuses on putting ethics into action.

January 1, 2018

Taxpayers must comply with health care reporting requirements on 2017 returns

This filing season will be the first time the IRS has enforced this requirement and will not accept tax returns that omit this information.

November 1, 2017

Preparing the income tax footnote: A comprehensive study in Excel

This Excel–based case study gives accounting students and entry-level accounting staff experience working with the requirements of FASB ASC Topic 740, Income Taxes.

October 16, 2017

IRS will enforce health coverage reporting on 2017 returns

This filing season will be the first time the IRS has enforced this requirement and will not accept tax returns that omit this information.

October 1, 2017

IRS issues regulations on premium tax credit

The IRS issued final regulations that govern the relief available for victims of domestic abuse or abandonment from the requirement that married taxpayers must file joint income tax returns to qualify for the Sec. 36B premium tax credit.

September 1, 2017

Individual taxation report

This article is a semiannual review of recent developments in the area of individual taxation.

August 1, 2017

Ideas on incorporating tax policy into a first tax course

Introductory tax courses often focus solely on compliance or theory, which can cause some students to lose interest in the topic.

July 25, 2017

Final regs. address premium tax credit issues

July 13, 2017

Revised Senate health bill would retain taxes on higher-income individuals

The health care bill released by Senate Republicans on Thursday would retain the Affordable Care Act’s 3.8% net investment tax and the 0.9% Medicare surtax.

July 1, 2017

Contributions to HSAs

Deductible HSA contributions can be used to offset all forms of income.

July 1, 2017

IRS issues 2018 inflation adjustments for HSAs

The IRS issued the inflation-adjusted figures for the annual contribution limits for health savings accounts.

June 22, 2017

Tax provisions in the Senate health care bill

The Senate Republicans’ bill to replace Obamacare would repeal many of the Affordable Care Act’s tax provisions. Here’s a look at the tax changes in the bill.

May 1, 2017

TIGTA issues reports on taxpayers who received advance premium tax credits

Health care exchanges failed to properly verify the identity and eligibility of all individuals who received the advance premium tax credit, the Treasury Inspector General for Tax Administration reported.

May 1, 2017

Data analytics: A high-level introduction for accounting practitioners

Tax practitioners better trained in data analytics could improve decision-making in several areas.

March 7, 2017

Proposed PPACA replacement bills contain many tax changes

The draft proposals to repeal the Affordable Care Act released by House Republicans evening would make many tax changes if enacted. Here’s a look at their impact on the tax code.

March 7, 2017