Tax Procedure and Tax Fraud in a Nutshell

Author: Camilla E. Watson

Publisher: West Group

ISBN: 9780314146465

Category: Law

Page: 431

View: 4287

Reliable source on tax procedure and tax fraud helps bridge the gap between understanding "substantive" code provisions and preparing to represent a taxpayer in an Internal Revenue Service (IRS) dispute. Coverage includes IRS and treasury rulemaking; confidentiality and disclosure; audits and administrative appeals; statute of limitations; litigation considerations; penalties and collection process; liability; investigation; and tax crimes.

Tax Procedure and Tax Fraud in a Nutshell

Author: Camilla Watson

Publisher: West Academic Publishing

ISBN: 9781634599320

Category:

Page: N.A

View: 4568

Reliable source on tax procedure and tax fraud helps bridge the gap between understanding "substantive" code provisions and preparing to represent a taxpayer in an Internal Revenue Service (IRS) dispute. Coverage includes IRS and treasury rulemaking; ethics issues of tax practice; confidentiality and disclosure; audits and administrative appeals; statute of limitations; litigation considerations; penalties and collection process; liability; investigation; and tax crimes.

Federal Taxation of Property Transactions

Author: David L. Cameron,Elliott Manning

Publisher: LexisNexis

ISBN: 0327176903

Category: Law

Page: 1016

View: 5298

Two significant complications affect the taxation of property transactions. The first complication is the special treatment of capital gains and losses. The second complication arises from the time value of money. This book aims to provide students with an appreciation for these two significant complexities through the descriptive materials and problems presented. Chapter 1 introduces the concepts of basis and realization that are fundamental to the taxation of all transactions involving property. Chapter 2 follows with the effects of taxing gains and losses from capital assets differently from ordinary gains and losses. Chapter 3 deals with liabilities, which are essentially the opposite of assets or property, so that they can be considered negative property. Chapter 4 covers the rules applicable to the capitalization of costs incurred in the creation or acquisition of property and the recovery of those costs through a variety of expensing, amortization, and depreciation provisions. Chapter 5 covers non-recognition transactions (other than transfers involving partnerships, corporations or trusts) in which gain or loss is not recognized on disposition but is deferred through the mechanism of substituted basis. Chapter 6 deals with deferred compensation issues and other special problems arising in executive compensation arrangement using employer stock or stock options that reflect the lure of capital gain treatment. Chapter 7 covers the complexities that arise from the cliché that property is a bundle of rights, particularly when the ownership and long-term right to possession is divided under a lease or similar arrangement. Finally, Chapter 8 covers a number of special provisions that affect the deductibility of losses, including the wash sales rules, limitations on related party transactions, the at-risk and passive loss rules, and losses arising in certain leasing transactions. This eBook features links to Lexis Advance for further legal research options.

Federal Income Taxation of Partners and Partnerships in a Nutshell

Author: Karen Burke

Publisher: West Academic Publishing

ISBN: 9781634607124

Category:

Page: 463

View: 1909

This book provides a concise overview of federal partnership taxation. It covers partnership formation, including contributions of property and admission of service partners, allocation of income and loss, tax accounting, and sharing of recourse and nonrecourse liabilities. Building on this foundation, the book also addresses advanced topics, including transactions between partners and partnerships, sales of partnership interests, distributions of property, optional and mandatory basis adjustments, and planning for retirement or death of a partner. Numerous concrete examples illustrate the tax treatment of specific transactions, allowing students to grasp the principles of partnership taxation in a problem-oriented course. The revised fifth edition reflects developments through September 2016, including proposed rules relating to compensatory profits interests and fee waivers, contributed built-in loss property, sharing of partnership liabilities and disguised sales, basis adjustments under �� 734(b), 743(b) and 755, and � 751(b) distributions.

Federal Tax Procedures for Attorneys

Author: W. Patrick Cantrell

Publisher: N.A

ISBN: 9781634252591

Category: Business & Economics

Page: 508

View: 5291

Experienced tax lawyers, those new to tax law, and businesspeople will each benefit from this accessible book that provides a nuts-and-bolts approach in solving specific problems that arise in everyday tax practice. The author, who is both a CPA and an attorney, provides insight and practical tips on all aspects of federal tax controversies, from audit (examination) through the administrative appeals process and subsequent litigation, and on to collection (enforcement) issues. Presenting the book s material in a useful outline format, the author deals primarily with the Internal Revenue Code sections 6000 to 9000."

The Law of Tax-exempt Organizations in a Nutshell

Author: Scott A. Taylor

Publisher: West Academic Publishing

ISBN: 9780314262349

Category: Law

Page: 319

View: 4847

This nutshell provides a valuable introduction and foundation for those students taking classes dealing with the law of nonprofit organizations and the tax treatment of them. Special treatment is provided on charitable giving, fundraising, unrelated business income, and private foundations. Because of its focus on the law, this nutshell will be a valuable introduction to nonprofit professionals needing a concise overview of the legal problems that nonprofit organizations routinely face.

Tax Controversies

Practice and Procedure

Author: Leandra Lederman,Stephen W. Mazza

Publisher: LexisNexis/Matthew Bender

ISBN: 9781422422632

Category: Tax administration and procedure

Page: 794

View: 2970

Financial Investigation and Forensic Accounting, Third Edition

Author: George A. Manning, Ph.D, CFE, EA

Publisher: CRC Press

ISBN: 143982567X

Category: Law

Page: 792

View: 9974

As economic crimes continue to increase, accountants and law enforcement personnel must be vigilant in expanding their knowledge of ways to detect these clandestine operations. Written by a retired IRS agent with more than twenty years of experience, Financial Investigation and Forensic Accounting, Third Edition offers a complete examination of the current methods and legal considerations involved in the detection and prosecution of economic crimes. Explores a range of crimes Following an overview of the economic cost of crime, the book examines different types of offenses with a financial element, ranging from arson to tax evasion. It explores offshore activities and the means criminals use to hide their ill-gotten gains. The author provides a thorough review of evidentiary rules as well as the protocol involved in search warrants. He examines the two modalities used to prove financial crime: the Net Worth Method and the Expenditure Theory, and presents an example scenario based on real-life incidents. Organized crime and consumer fraud Additional topics include organized crime and money laundering — with profiles of the most nefarious cartels — consumer and business fraud and the different schemes that befall the unwary, computer crimes, and issues surrounding banking and finance. The book also presents focused and concrete advice on trial preparation and specific accounting and audit techniques. New chapters in the third edition New material enhances this third edition, including new chapters on investigative interview analysis and document examination, as well as advice for fraud examiners working on private cases, including the preparation of an engagement letter. For a successful prosecution, it is essential to recognize financial crime at its early stages. This practical text presents the nuts and bolts of fraud examination and forensic accounting, enabling investigators to stay ahead of an area that is increasingly taking on global importance.

State and Local Taxation and Finance in a Nutshell

Author: M. David Gelfand,Joel A. Mintz,Peter W. Salsich

Publisher: West Academic

ISBN: 9780314183873

Category: Law

Page: 347

View: 8554

This nutshell is a fully updated summary of state and federal laws that pertain to public finance and taxation. It is a valuable supplement to law school courses on local government law and state and municipal finance, as well as course offerings on these topics in schools of business and public policy. The nutshell places the technical legal rules it considers in the context of the broader public policy issues that those rules raise. It focuses on several past fiscal crises as a catalyst for, as well as a source of, doctrinal changes in these areas of the law."

A Practitioner's Guide to Tax Evidence

A Primer on the Federal Rules of Evidence as Applied by the Tax Court

Author: Joni Larson

Publisher: Amer Bar Assn

ISBN: 9781614387213

Category: Law

Page: 298

View: 7709

A must-read for anyone preparing for trial before the U.S. Tax Court, this new guide from the American Bar Association Section of Taxation takes the reader step-by-step through the Federal Rules of Evidence (FRE) as applied by the Tax Court. This compilation results in an easy-to-read collection of cases to support or guide a practitioner facing an evidentiary problem before the Tax Court. The condensed and well-organized sections allow one to easily spot a particular issue or the Evidentiary Rule at hand and to find the supporting cases, and the case discussions have sufficient detail to allow the reader to know whether to go and read the full case. The brief summary of requirements of the major rules presented along with dozens of practice pointers assist the practitioner in charting the proof necessary to succeed.

Federal Estate and Gift Taxation in a Nutshell

Author: John K. McNulty

Publisher: N.A

ISBN: N.A

Category: Generation-skipping transfer tax

Page: 486

View: 4370

Wealth Transfer Taxation; Constitutionality; The Federal Estate Tax, Gift Tax and Generation-Skipping Transfer Tax Outlined; Unification of Transfer Taxes; Gratuitous Transfers; Transfers During Life; Donative Intent; Consideration; Property; Transfer; Inclusion in the Gross Estate; Alternative Valuation Date; Liability for Tax; Incomplete Transfers; Transfers in Contemplation of Death; Retained Interests or Powers; Revocable Transfers; Special Valuation Rules and "Estate Freezes; " Jointly-Owned Property; Community Property; Property Settlements; Life Insurance; Annuities; Employee Death Benefits; Powers of Appointment; Inclusion; Valuation; Exemptions; Exclusions; Future Interests; Deductions (Charitable, etc.); Marital Deduction; Split Gifts; Unified Credit; International; Estate Planning; Reforms and Fundamental Alternatives.

International Tax Evasion in the Global Information Age

Author: David S. Kerzner,David W. Chodikoff

Publisher: Springer

ISBN: 3319404210

Category: Business & Economics

Page: 411

View: 4428

This book provides a comprehensive analysis of the Organisation for Economic Cooperation and Development’s (OECD) war on offshore tax evasion. The authors explain the new emerging regulatory regimes on the global exchange of information to combat offshore tax evasion and analyse why Automatic Exchange of Information (AEOI) is not a “magic bullet” solution. Chapters include coverage of the Foreign Account Tax Compliance Act (FATCA), AEOI and the Common Reporting Standards (CRS), and the unprecedented extra-territorial enforcement by the United States of its tax and reporting laws, including the FBAR provisions of the Bank Secrecy Act. These new legal regimes directly impact nearly all financial institutions and financial service providers in the U.S., U.K., EU, Canada, and each of the 132 member jurisdictions of the OECD’s Global Forum, as well as 8 million U.S. expats. In light of The Panama Papers, this book offers a timely and valuable contribution on the prevalence and costs of international tax evasion for the global financial community, policy-makers, and practitioners alike.

Federal Tax Research

Guide to Materials and Techniques

Author: Gail Levin Richmond

Publisher: Foundation Press

ISBN: 9781609304744

Category: Law

Page: 375

View: 3990

The Ninth Edition features expanded coverage of electronic sources, both subscription-based (such as Westlaw, LexisNexis, Checkpoint, CCH IntelliConnect, and HeinOnline) and those available without charge (particularly those provided by the government). It discusses factors to be considered in deciding between print and online research; chapters discussing primary sources illustrate several online sources for finding these materials.This book devotes considerable space to publicly available IRS documents and legislative history materials. The introductory materials illustrate solving a research problem, and there are updated problems for students to solve throughout the text. The Ninth Edition expands the number of illustrations that complement its textual discussions. A teacher's manual will be available.

International Taxation in a Nutshell

Author: Richard Doernberg

Publisher: West Academic Publishing

ISBN: 9781628105551

Category:

Page: 676

View: 7546

This nutshell not only addresses the fundamentals of U.S. international taxation, but it also offers insight into tax planning considerations. Both the U.S. activities of foreign taxpayers, as well as the foreign activities of U.S. taxpayers are explored. In the truly global economy in which we live, it is crucial for those involved in business and investment activities to understand the tax consequences that impact cross-border flows. Building on both academic and private sector careers, the author has used his experience to distill the complexities of real-world tax considerations into a clearly written, straight-forward presentation of the key international tax concepts, including the most recent developments.

Federal Income Taxation of Individuals in a Nutshell

Author: John K. McNulty,Daniel J. Lathrope

Publisher: West Academic

ISBN: 9780314927002

Category: Law

Page: 543

View: 7309

How and when is income taxable? To whom is it taxable? This Nutshell summarizes U.S. federal income tax law, defines income, and identifies the different types of deductions. Explains statutory inclusion and exclusion from gross income, profit-related deductions, mixed deductions, personal deductions, and other allowances. Also inquires into the policy and purposes of, and alternatives to, existing legal rules.

Introduction to the Study and Practice of Law in a Nutshell

Author: Kenney F. Hegland

Publisher: West Academic

ISBN: 9780314146441

Category: Law

Page: 462

View: 911

The Second Case in the World; Legal Analysis Made Simple; Thoughts on Stare Decisis, Relative Value and Ethics; Studying Lass: Looking Busy is Not Enough; Reading Cases; Briefing Cases; General Study Tips; Writing Lass' Exams: The Only Skill Worth Having; More Stuff on Exams; Fear and Loathing in the First Year; Pretrial Process; Trials; Legal Argument (Moot Court); Mechanics of Oral Argument; Legal Research: High Drama in Dull Places; Legal Writing; Second and Third Years; Career Choices; Lawyers Talk About What They Do.

Federal Income Taxation of Estates, Trusts, and Beneficiaries in a Nutshell

Author: Grayson M. P. McCouch

Publisher: N.A

ISBN: 9781634603096

Category: Decedents' estates

Page: 435

View: 6987

This comprehensive guide can serve either as a course supplement or as a refresher for members of the bar. Expert commentary summarizes the law and offers critical perspectives on the federal income taxation of estates, trusts, and beneficiaries, including the decedent's final income tax return; classification of estates and trusts; income in respect of a decedent; distributable net income; simple and complex trusts; distributions; grantor trusts; charitable trusts; and foreign trusts. Additional chapters cover basic income, gift and estate tax concepts, accumulation distributions, and specially treated trusts.

Immigration Law and Procedure in a Nutshell

Author: David S. Weissbrodt,Laura Danielson,Howard S. Myers (III)

Publisher: N.A

ISBN: 9781683288985

Category: Emigration and immigration law

Page: 760

View: 807

This compact, comprehensive title offers a thorough overview of the history, constitutional basis, statutory structure, regulatory provisions, administrative procedure, and ethical principles related to immigration law and practice. Updated to reflect developments since the 2016 Presidential election, it is valuable both as a teaching and a practice reference.

Bankruptcy and Related Law in a Nutshell

Author: David Epstein

Publisher: West Academic Publishing

ISBN: 9781634606493

Category:

Page: N.A

View: 9112

This classic student text, used by tens of thousands of law students for over 45 years has been revised to reflect changes in case law, changes in bankruptcy practices, and changes in bankruptcy casebooks. Today's bankruptcy courses are now much more than just the automatic stay, avoiding powers, and discharge. As bankruptcy classes have become more comprehensive, more students have found this book helpful in comprehending reading assignments, class discussions, and exam questions.