Apportionment

State Discretionary Authority and Alternative Apportionment

Every state taxing authority has some measure of discretion to determine a taxpayer’s income under alternative methods if the taxing authority believes the taxpayer’s income, as determined under the state’s tax code, does not fairly represent the extent of the taxpayer’s activity in the state. Several recent cases highlight this trend.

Current Corporate Income Tax Developments (Part I)

During 2009, there were many changes in the area of state corporate income taxation. This article focuses on some of the more interesting items in the areas of nexus, tax base, allocable/apportionable income, and Sec. 338(h)(10) transactions.

Current Corporate Income Tax Developments (Part I)

During 2008, there were many changes in the area of state and local corporate income taxation. This article focuses on some of the more interesting items in the following corporate income tax areas: nexus, tax base, allocable/apportionable income.

Current Corporate Income Tax Developments (Part II)

This two-part article discusses myriad recent state tax activities in the corporate income tax area. Part II addresses apportionment, unitary groups/filing methods, administration and other significant issues.

Newsletter Articles

50th ANNIVERSARY

50 years of The Tax Adviser

The January 2020 issue marks the 50th anniversary of The Tax Adviser, which was first published in January 1970. Over the coming year, we will be looking back at early issues of the magazine, highlighting interesting tidbits.

PRACTICE MANAGEMENT

2019 tax software survey

This annual survey shows how CPAs rate the tax preparation software they used during last tax season and how it handled the recent tax law changes.