Bloomberg BNA's Tax Practice Series is a comprehensive range of time-saving, practical analytical research, compliance, and productivity tools, designed to help you practice more successfully, expand your practice, and increase the value you bring your clients. Written by leading federal tax authorities, the Tax Practice Series covers virtually every taxation topic from gross income and deductions to S Corporations and exempt organizations to foreign taxation.
New in 2011 is the addition of Fast Answers: Federal Tax, more than 3,000 answers to the most common tax questions in an easy-to-use question and answer format. In Fast Answers: Federal Tax, BloombergBNA’s expert authors provide in-depth, practical guidance and best practices on a wide range of topics including Individual Tax, C Corporations, S Corporations, International Tax, Tax Exempt Organizations, and more.
Research questions and spot the issues across a broad spectrum of taxation. Benefit from analysis and examples that further clarify the issues, clearly written by leading tax authorities. Over 275 chapters cover the full spectrum of taxation and are organized as follows:
News and Developments Weekly Report — The best weekly source for information on legislative, regulatory, judicial, and policy developments from the Treasury Department, Internal Revenue Service, the courts, and in Congress. The Report also provides articles on new and emerging areas of taxation.
IRS Practice Adviser Report (optional) — A definitive monthly report on IRS procedural developments, positions, and new IRS trends and techniques.
Weekly State Tax Report — A weekly report on state tax developments (optional).
Below is a comprehensive list of Portfolio chapters included in the Tax Practice Series:
Alimony, Child Support and Property Settlements (1310) Annuities (1160) Assignment of Income (1020) Below Market Loans (1820) Capital Assets (1620) Capital Gains and Losses — General (1610) Certain Dealings in Real Property (1550) Certain Divestitures Compelled by Law (1560) Claim of Right Doctrine (1030) Compensation in General (1110) Computation of Adjusted Basis (1430) Computation of Amount Realized (1440) Computation of Gain and Loss Realized (1420) Deferred Compensation (1150) Depreciation Recapture (1760) Discharge of Indebtedness (1040) Dividends (1220) Employee Gifts and Benefits (1120) Exchanges and Sales of Insurance, Endowment, and Annuity Contracts (1540) Federal Income Tax Consequences of Gifts and Inheritances (1330) Gain from Sale of Depreciable Property Between Related Taxpayers (1740) Gross Income — Definition And Overview (1010) Holding Period (1640) Interest Income (1210) Involuntary Conversions (1520)Life Insurance and Social Security Benefits (1170) Like-Kind Exchanges (1510) Meals and Lodging Furnished to Employees (1130) Miscellaneous Capital Gain v. Ordinary Income Issues (1770) Miscellaneous Items of Inclusion and Exclusion (1370) Miscellaneous Nonrecognition Transactions (1570) Nonrecognition Transactions Upon Sale of Principal Residence (1530) Other Employee Benefits (1140) Payments Made Pursuant to Judgments and Settlements (1340) Prizes and Awards (1320) Property Transactions (1410) Property Used in a Trade or Business: Section 1231 (1710) Purchase Price Allocation Rules (1450) Real Property Subdivided for Sale (1730) Rental Agreements Subject to Time Value of Money Adjustments (1830) Rents and Royalties (1230) Sale or Exchange Requirement (1630) Scholarships, Fellowships and Tuition Reductions (1350) Small Business Stock (1750) Tax Benefit Rule, The (1050) Taxation of Debt Instruments (1840) Transactions in Stock, Securities, and Other Financial Instruments (1810) Transfers of Patents, Know-how, Franchises, Trademarks and Trade Names (1720) DEDUCTIONS Acquisitions of Corporations to Avoid Tax (2940) Advertising (2120) Amortization of Intangibles (2380) At-Risk Rules, The (2970) Bad Debts (2360) Capital Expenditures (2920) Charitable Contributions: Requirements for Deduction (2390) Charitable Contributions: Substantiation Requirements (2395) Circulation Expenditures (2420) Deduction of State, Local, and Federal Taxes (2340) Depletion (2610) Depreciation of Realty and Tangible Property (2370) Dividends Received Deduction (2720) Dues Paid to Associations and Clubs (2140) Educational and Professional Expenses (2150) Employee-Related Expenses (2130) Entertainment Expenses (2320) Expenses for the Production of Income (2300) Expenses Relating to Tax-Exempt Income (2960) Farming Expenses (2440) Fines and Penalties (2230) Floor Under Miscellaneous Itemized Deductions (2910) Hobby Losses (2450) Illegal Bribes and Kickbacks (2240) Insurance Premiums (2170) Intangible Drilling and Development Costs (2620) Interest Expense (2330) Legal And Professional Expenses (2480) Lobbying and Political Expenses (2180) Losses (2350) Medical Expenses (2840) Mineral Exploration and Development Expenditures (2630) Miscellaneous Business Deductions (2270) Miscellaneous Deductions and Limitations on Deductions (2880) Miscellaneous Natural Resource Issues (2640) Moving Expenses (2870) Net Operating Losses (2410) Organizational Expenditures (2710) Other Business Expenses (2260) Other Special Corporate Deductions (2730) Overall Limitation on Itemized Deductions (2905) Overview of Deductions (2010) Passive Loss Rules (2980) Personal Exemptions (2830) Personal, Living and Family Expenses (2810) Rents and Royalties (2210) Repairs of Tangible Property Used in a Trade or Business (2200) Research and Experimental Expenditures (2430) Special Rules Relating to Corporate Preference Items (2950) Standard Deduction, The (2820) Start-Up Expenditures (2470) Taxation of Timber (2650) Taxes and Interest Paid to Cooperative Housing Corporations (2860) Trade or Business Expenses — General Requirements (2110) Transactions Between Related Taxpayers (2930) Travel and Transportation Expenses (2310) Treble Damages (2250) Vacation Home and Home Office Deductions (2460) CREDITS, COMPUTATIONS AND AMTAlternative Minimum Tax Credit (3190) Alternative Minimum Tax on Corporate Taxpayers (3420) Alternative Minimum Tax on Noncorporate Taxpayers (3410) Computation of Tax — Corporations (3320) Computation of Tax — Individuals (3310) Estimated Tax (3330) Investment Tax Credit (3140) Low-Income Housing Credit, The (3150) Miscellaneous Nonrefundable Credits (3130) Nonrefundable Personal Credits (3120) Other General Business Credits (3170) Refundable Credits (3200) Research Credit (3160) Self-Employment Tax (SECA) (3340) Tax Credits — General (3110) Use of the General Business Credit (3180) TAX ACCOUNTINGAccounting Periods (3520) Deferred Payments for the Use of Property or Services (3580) Installment Sales (3550) Inventories (3590) Long-Term Contracts (3610) Methods of Accounting (3530) Pre-1994 Uniform Capitalization Rules (3575) Section 482 — Allocations of Income and Deductions Between Related Taxpayers (3600) Timing of Deductions (3560) Timing of Inclusion (3540) Uniform Capitalization Rules (3570) TAX PRACTICE AND PROCEDUREBankruptcy — Tax Collection Issues (3885) Collection of Tax (3870) Confidentiality and Disclosure of Returns and Return Information (3823) Examination: Audits, Assessments, Appeals (3850) Innocent Spouse Relief (3825) Interest on Underpayments and Overpayments (3840) Liability for Trust Fund Taxes (3875) National Office Guidance and Procedures (3827) Penalties (3830) Recovering Fees and Costs (3895) Refund Claims and Litigation (3890) Statute of Limitations (3860) Tax Court Litigation (3880) Tax Returns and Information Returns (3820) Tax Shelters — Disclosure, Excise Tax, Penalties, and Suspension of Interest (3835) TEFRA Partnership Audit Procedures (3855) PARTNERSHIPSAdjusted Basis of Partnership Interests and Partnership Property (4055) Classification as a Partnership (4020) Distributive Shares & Special Allocations (4090) Family Business Entities (4095) Formation of a Partnership (4030) Income Taxation of Partnership Operations (4040) Limited Liability Companies (4100) Partnership Distributions (4050) Partnership Taxation — Overview (4010) Retirement of a Partner (4080) Sale of a Partnership Interest (4070) Termination of a Partnership (4060) S CORPORATIONS Basis of Stock and Debt (4280) Below Market Loans, Interest Capitalization and Oil/Gas Provisions (4420) Comparison of S Corporations to Other Business Entities (4220) Complete Liquidation of S Corporations (4350) Distributions and Repayment of Shareholder Debt (4290) Eligibility Requirements (4230) Financial and Estate Planning Considerations (4380) Foreign Operations of S Corporations (4400) Introduction to S Corporations (4210) Making an S Election (4240) Multi-State Taxation of S Corporations (4390) Pensions, Fringe Benefits and Other Compensation Matters (4300) Redemption of S Corporation Stock (4340) Returns, Penalties and Other Administrative Matters (4410) Sale of Corporate Assets (4370) Sales of S Corporation Stock (4360) Tax Credits (4310) Tax-Free Formation of S Corporations (4320) Tax-Free Reorganizations of S Corporations (4330) Taxation of S Corporation Shareholders (4270) Taxation of S Corporations (4260) Terminating an S Election (4250)C CORPORATIONSAccumulated Earnings Tax (5140) C Corporations — General Principles (4610) Capitalization of a Corporation (4720) Carryover of Tax Attributes in Corporate Reorganizations (4930) Collapsible Corporations (5130) Consolidated Returns (5310) Cooperative Organizations (5200) Corporate Liquidations (5010) Corporate Reorganizations (4910) Corporate Separations (4920) Distributions of Stock and Stock Rights (4830) Financial Asset Securitization Investment Trusts (FASITs), (Grandfathered) (5210) Formation of a Corporation (4710) Multiple Corporations (5160) Nonliquidating Distributions (4810) Personal Holding Companies (5150) Personal Service Corporations (5110) Real Estate Investment Trusts (REITs) (5180) Real Estate Mortgage Investment Conduits (REMICs) (5190) Regulated Investment Companies (RICs) (5170) Stapled Entities (5120) Stock Redemptions (4820) COMPENSATION PLANNING Age and Sex Discrimination in Employee Benefit Plans (5450) Cafeteria Plans (5940) COBRA — Health Care Continuation Coverage (5990) Death Benefits (5930) Employee Stock Purchase Plans (5830) Employees and Independent Contractors (5430) Employment Tax Withholding Requirements (5440) Fiduciary Duties and Prohibited Transactions (5530) Golden Parachutes (5720) Health & Disability Plans (5920) Incentive Stock Options (5820) IRAs (5610) Miscellaneous Welfare Benefit Plan Issues (5910) Nonqualified Deferred Compensation (5710) Nonstatutory Stock Options (5810) Obtaining IRS Approval for Qualified Plans (5540) Other Laws and Considerations Affecting Employee Benefit Plans (5590) Other Statutory Fringe Benefits (5980) Pension Plan Terminations (5580) Plan Qualification Requirements (5520) Qualified Retirement Plans — Overview (5510) Reasonable Compensation (5420) Reporting and Disclosure Requirements for Benefit Plans (5570) SEPs (5620) Specialized Retirement Plans (5560) Statutory Fringe Benefits (5960) Tax Aspects of Qualified Retirement Plans (5550) Tax-Sheltered Annuities (5630) Taxation of Noncash Compensation (5410) VEBAs (5950) ESTATES & TRUSTS — INCOME, ESTATE AND GIFT TAXATIONAnnuities and Similar Payments (6210) Charitable Deduction — Section 2055 (6280) Credits, Deferred Tax Payments, and Tax Liabilities (6300) Decedent's Final Federal Income Tax Return, The (6170) Estate and Trust Income Taxation — General Rules (6120) Estate Planning (6350) Expenses, Debts, Taxes & Losses (Estate Tax Deductions) (6260) Generation-Skipping Tax (6340) Gift Tax Exclusions, Deductions and Tax Computation (6330) Gift Taxation (6320) Gifts, Estates and Related Income Tax Basis Rules (6140) Gross Estate — Section 2033, The (6190) Gross Income Exclusions for Gifts, Bequests and Insurance Proceeds (6160) Income in Respect of a Decedent (6150) Introduction — The Estate and Gift Taxation System (6180) Introduction — The Income Taxation System Applicable to Estates, Gifts and Trusts (6110) Joint Tenancies — Section 2040 (6220) Life Insurance (6240) Marital Deduction — Section 2056, The (6270) Nonresident Alien's Estate, The (6310) Powers of Appointment — Section 2041 (6230) Pre-Death Transfers — Sections 2035, 2036, 2037 and 2038 (6200) Simple and Complex Trusts (6130) Transfers for Consideration — Section 2043 (6250) Valuation — Generally (6290) EXEMPT ORGANIZATIONS AND PRIVATE FOUNDATIONSApplication of Private Foundation Rules to Certain Charitable and Split-Interest Trusts (6820) Charitable Organizations (6510) Debt-Financed Income (6720) Deduction of Contributions to Private Foundations (6840) Determination of Private Foundation Status (6810) Disqualified Persons (6830) Other Tax-Exempt Organizations (6520) Procedural Aspects of Obtaining and Maintaining Exemption (7010) Tax on Investment Income (6860) Tax Returns and Compliance (6920) Taxes on Excess Business Holdings (6890) Taxes on Failure to Distribute Income (6880) Taxes on Jeopardizing Investments (6900) Taxes on Self-Dealing Transactions (6870) Taxes on Taxable Expenditures (6910) Termination of Private Foundation Status (6850) Unrelated Business Income Tax, The (6710) FOREIGN TAXATION Foreign Income Taxation — General Principles (7110) Foreign Persons' U.S. Activities (7120) U.S. Income Tax Treaties (7140) U.S. Persons' Foreign Activities (7130) Withholding and Compliance (7150)