The Sex of a Hippopotamus

The Sex of a Hippopotamus
Author: Jay Starkman
Publisher:
Total Pages: 444
Release: 2008-01-01
Genre: Accounting
ISBN: 9780981806303

Who says taxes and accounting are dull and boring? This remarkable book weaves entertaining and educational stories on how American and world history have been influenced and molded by the not-so-well-known history of taxes. Unique, quirky, interlaced with personal accounts, and always enlightening, consider a few of the amazing tax stories that have involved some of our best-known leaders and celebrities:Martin Luther King survived a six-day jury trial, avoiding prison for underpaying his income tax by $318.81.Prior to 1933, U.S. presidents were exempt from paying income tax.President Franklin Roosevelt saved Congressman Lyndon Johnson from prison for criminal tax fraud.Sixty years ago, the IRS was so corrupt that if you didn't offer the IRS agent a bribe, he might shake you down for one. Abolish the IRS? Andrew Jackson actually did so. But it came back 28 years later.Al Capone was just one of many Americans with notorious tax problems. Lesser tax problems faced Alan Jay Lerner, Joe Louis, Sugar Ray Robinson, Willie Nelson, Wesley Snipes, Liberace, Groucho Marx and Jack Benny. Many fascinating tax stories fill this book, including tales of gifts to Anna Nicole Smith, Irving Berlin's songs and much more.Through his decades-long experience as a practicing tax accountant with an insider's knowledge of tax policy and legislation, Jay Starkman provides a fresh and provocative perspective on taxes and accounting. He also gives unconventional and invaluable advice on dealing with IRS.

Favorable Determination Letter

Favorable Determination Letter
Author: United States. Internal Revenue Service
Publisher:
Total Pages: 8
Release: 2001
Genre: Electronic government information
ISBN:

Statement of Procedural Rules

Statement of Procedural Rules
Author: United States. Internal Revenue Service
Publisher:
Total Pages: 12
Release: 1980
Genre: Tax administration and procedure
ISBN:

The S Corporation Answer Book

The S Corporation Answer Book
Author: Sydney S. Traum
Publisher: Wolters Kluwer
Total Pages: 824
Release: 2008-12-17
Genre: Law
ISBN: 0735581517

This quick-reference manual lets you help clients take full advantage of their S corporation status and minimize their taxes. it leads you directly to authoritative information on every aspect of the S corporation, enabling you to: Arm the S corporation against the potential tax traps hidden in the Small Business Tax Protection Act. Maximize the tax benefits of S corporation status. Make a qualified Subchapter S Subsidiary (QSub) election. Identify dispositions that will trigger the built-in gains tax. Avoid added tax liability or loss of S corporation status from passive investment income. Capitalize on the permissible differences in stock rights to facilitate estate planning and ownership transfers. Determine allocation of income, losses, and deductions in the termination year of the S corporation . Plus, there are citations To The controlling rules, regulations, and court decisions that will save you hours of research.

Income Tax Regulations (Summer 2021)

Income Tax Regulations (Summer 2021)
Author: Wolters Kluwer Editorial
Publisher:
Total Pages:
Release: 2021-06-23
Genre:
ISBN: 9780808056157

The standard reference for serious tax professionals and students, Wolters Kluwer's Income Tax Regulations (Summer 2021) reproduces the mammoth Treasury regulations that explain the IRS's position, prescribe operational rules, and provide the mechanics for compliance with the Internal Revenue Code.

Introducing an Advance Tax Ruling (ATR) Regime

Introducing an Advance Tax Ruling (ATR) Regime
Author: Mr.Christophe J Waerzeggers
Publisher: International Monetary Fund
Total Pages: 14
Release: 2016-05-31
Genre: Business & Economics
ISBN: 1513511610

Advance tax rulings are a common feature of mature tax systems. The tax systems of the United States, the United Kingdom, the Netherlands, Germany, Australia, and South Africa all have established ruling practices. Taxpayers can obtain an advance tax ruling in nearly all OECD member countries. Increasingly, many non-OECD countries are also offering advance tax rulings. An advance tax ruling regime seeks to promote clarity and consistency regarding the application of the tax law for both taxpayers and the tax authority. However, there are also inherent risks associated with the proliferation of granting confidential advance tax rulings which are not published or otherwise reported. This Tax Law IMF Technical Note focuses on designing an advance tax ruling regime in the nature of private tax rulings.