Links mentioned in Current Federal Tax Developments course given October 30, 2009:
2010 Inflation Adjusted Figures – or perhaps, more appropriately, nonadjusted for most things since there was a drop in the index from 9/30/08 to 9/30/09
New Reg. §1.152-4 effective for 2009. Effectively forces the use of Form 8332 to release exemption and makes clear noncustodial parent cannot use the divorce decree
Federal Tax Update – audio presentation outlining federal tax developments, presented by Ohio Society of CPAs
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me wherever I might be at the time. If I’m not available, you can leave a voice mail.
The following are links to items mentioned in the construction contracting course given for the Education Foundation on October 22, 2009 in Costa Mesa:
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me wherever I might be at the time. If I’m not available, you can leave a voice mail.
The following are links to items mentioned in the Preparing Advanced 1040s course given in Riverside on October 23:
IRS’s New View on Acquisition Debt – Article describing CCA 200940030 where the IRS decided you could deduct interest on $100,000 of acquisition debt in excess of $1,000,000 as home equity debt.
IRS AMT Assistant – IRS page to help determine if taxpayer may be subject to AMT.
Bogus v. Commissioner – Tax Court decision this week that pointed out taxpayer should have kept records to support passive activity
Levels of Authority – article detailing the various authority levels under the regulations
FTB Position on TIC and Revenue Proc 2002-22 – FTB considers qualification under Revenue Procedure 2002-22 a minimum, but not necessarily standing alone sufficient, to qualify as an exchange of other than a partnership interest under §1031.
Garnett v. Commissioner, 132 TC No. 19, IRS loses on argument that LLC is by definition a limited partnership for §469 purposes
Hegarty v. Commissioner, TC Summary 2009-153, IRS loses the LLC argument again, this time with taxpayers representing themselves
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me whereever I might be at the time. If I’m not available, you can leave a voice mail.
The following are links to items mentioned in the construction contracting course given for the Education Foundation on October 22, 2009 in Costa Mesa:
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me whereever I might be at the time. If I’m not available, you can leave a voice mail.
Malkin v. Commissioner – Taxpayer blows transfer tax planning due to both implied retained life estate and indirect gift on formation problems, among others.
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me wherever I might be at the time. If I’m not available, you can leave a voice mail.
Links mentioned in Current Federal Tax Developments course given October 19, 2009:
2010 Inflation Adjusted Figures – or perhaps, more appropriately, nonadjusted for most things since there was a drop in the index from 9/30/08 to 9/30/09
New Reg. §1.152-4 effective for 2009. Effectively forces the use of Form 8332 to release exemption and makes clear noncustodial parent cannot use the divorce decree
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me wherever I might be at the time. If I’m not available, you can leave a voice mail.
I now have a Google voice number and will be testing out putting a “call me” widget on my posts here. For those of you who have come to earlier courses, I’m posting the widget here so that if you wish, you can try calling me on using the link. Note that it does not use your computer to place the call, but rather calls your phone and then connects the call.
Below is a Google Voice connect box. You can click on the button, provide your phone number, and Google will connect us toll free by calling you back and then, when you answer, calling me. The call is forwarded to me wherever I might be at the time. If I’m not available, you can leave a voice mail.
