2013 Federal Tax Essentials: Corporations is a desk reference providing annual overview of federal tax issues affecting C corporations and their shareholders, as well as summaries of fundamental federal corporate income tax principles.

Organized by topic, the summaries allow you to quickly find answers to core tax questions. Supporting the answers, you will find citations to relevant Internal Revenue Code sections, Treasury regulations, published IRS guidance, and case law. Also included are more than 40 charts, lists, diagrams, computations, examples, and checklists providing handy information on tax rates, filing requirements, common transactions, and more. Although designed to supply far more information than that needed for the preparation of tax returns, the book may be used as an aid in preparing Form 1120 and accompanying forms and schedules.

Topics covered by 2013 Federal Tax Essentials: Corporations include:

• tax-free formation of corporations
• entity classification
• reorganizations, liquidations, and redemptions
• income, deductions, and credits
• income tax accounting
• alternative minimum tax
• filing requirements and deadlines
• penalties
• reportable transactions
• related-party rules
• consolidated returns
• deferred compensation
• international taxation issues

The 2013 Federal Tax Essentials: Corporations eBook is now available! Click here to purchase.

This book is also available as a part of the Federal Tax Essentials Collection.