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	<title>Ed Zollars, CPA CPE Materials &#187; Oregon Society of CPAs</title>
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	<description>Information related to CPE courses I present, plus other matters</description>
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		<title>Current Federal Tax Developments &#8211; Pendleton, OR (December 17, 2009)</title>
		<link>http://cpematerials.com/blog/2009/12/17/current-federal-tax-developments-pendleton-or-december-17-2009/</link>
		<comments>http://cpematerials.com/blog/2009/12/17/current-federal-tax-developments-pendleton-or-december-17-2009/#comments</comments>
		<pubDate>Thu, 17 Dec 2009 08:00:58 +0000</pubDate>
		<dc:creator>Ed Zollars, CPA</dc:creator>
				<category><![CDATA[Oregon Society of CPAs]]></category>
		<category><![CDATA[tax update]]></category>

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		<description><![CDATA[The following links were discussed in the Current Federal Tax Developments Course on December 17, 2009 in Pendleton, Oregon: December Updates &#8211; New developments that took place after the manual was printed. 2010 Inflation Adjusted Figures &#8211; or perhaps, more appropriately, nonadjusted for most things since there was a drop in the index from 9/30/08 [...]]]></description>
			<content:encoded><![CDATA[<p style="text-align: left;">The following links were discussed in the Current Federal Tax Developments Course on December 17, 2009 in Pendleton, Oregon:</p>
<ul>
<li><a href="http://www.edzollars.com/121709OregonCFTDUpdate.pdf">December Updates</a> &#8211; New developments that took place after the manual was printed.</li>
<li><a href="http://www.irs.gov/newsroom/article/0,,id=214320,00.html">2010 Inflation Adjusted Figures</a> &#8211; or perhaps, more appropriately, nonadjusted for most things since there was a drop in the index from 9/30/08 to 9/30/09</li>
<li><a href="http://ascpa.wordpress.com/2009/10/12/irs-says-infant-formula-for-child-of-mastectomy-patient-not-a-medical-expense/">Infant Formula Not Deductible Medical Expense</a> &#8211; Recent IRS PLR for mother with double mastecomy that asked for deduction for infant formula for her new child</li>
<li><a href="http://ecfr.gpoaccess.gov/cgi/t/text/text-idx?c=ecfr&amp;sid=67cbec557dc9a6336e074a34f6df7988&amp;rgn=div8&amp;view=text&amp;node=26:2.0.1.1.1.0.7.246&amp;idno=26">New Reg. §1.152-4</a> effective for 2009.  Effectively forces the use of Form 8332 to release exemption and makes clear noncustodial parent cannot use the divorce decree</li>
<li><a href="http://ascpa.wordpress.com/2009/03/14/john-menard-is-worth-more-than-ceos-of-home-depot-and-lowes-2/">Arizona Society of CPAs Blog Post on Menard case</a> &#8211; An analysis of the Seventh Circuit&#8217;s ruling in the <em>Menard </em>case I wrote when the case came down back in March.</li>
<li><a href="http://ascpa.wordpress.com/2009/03/18/irs-issues-madoff-rulings-that-address-losses-in-ponzi-schemes/">Arizona Society of CPAs Blog Post on Madoff Rulings</a> &#8211; Another blog post I wrote up describing the Madoff rulings.</li>
<li><a href="http://www.ustaxcourt.gov/InOpHistoric/Hegarty.SUM.WPD.pdf">Hegarty v. Commissioner</a>, TC Summary 2009-153, latest IRS loss on LLC as limited partner for §469 purposes.</li>
<li><a href="http://www.irs.gov/businesses/small/article/0,,id=208400,00.html">IRS Section 183 Audit Technique Guide</a> &#8211; guide for IRS agents to use in examining activities potentially not engaged in for profit</li>
<li><a href="http://www.irs.gov/businesses/corporations/article/0,,id=120633,00.html">IRS Listed Transactions </a>- The official and updated IRS list of listed transactions that are subject to reporting.</li>
<li><a href="http://www.irs.gov/pub/irs-wd/09-0087.pdf">INFO 2009-0087 </a>- The IRS explains the first time homebuyer credit marriage penalty</li>
<li><a href="http://www.irs.gov/businesses/small/industries/article/0,,id=208324,00.html">Construction Industry Audit Guide</a> &#8211; IRS guide updated  May 2009</li>
<li><a href="http://www.irs.gov/businesses/small/article/0,,id=108149,00.html">List of Audit Technique Guides</a> &#8211; List on IRS website of currently published Audit Technique Guides</li>
<li><a href="http://www.fasb.org/cs/ContentServer?c=Document_C&amp;pagename=FASB%2FDocument_C%2FDocumentPage&amp;cid=1176156447083">FIN 48 Final Guidance for Public Companies </a>- Accounting Standards Update 2009-06</li>
<li><a href="http://www.irs.gov/newsroom/article/0,,id=214321,00.html">Qualified Plan Limitations for 2010</a> &#8211; IRS News Release</li>
</ul>
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