Taxation :: Current Issues

Federal Taxation

• IRS Issues Final Regulations on Like-Kind Exchanges -- July 2008

• Congressional Research Service Issues Report on Farm Bill CRP Provision -- Updated July 2008

• IRS Issues Regulations on Start-Up Costs -- July 2008

• School Districts Must Review How Teachers are Paid -- Updated July 2008

• Operator of Farmer’s Market Not Tax Exempt -- May 2008

• Court rules that LLC owner personally liable for payroll taxes -- April 2008

• Single-Member LLC Can Be S Corporation Shareholder -- April 2008

• IRS Says TEFRA Hearing Required if Nature of Guaranteed Payments Not Identified on K-1 -- April 2008

• The Subprime Mess – Deducting Losses -- March 2008

• IRS Position Is That Only Market Conditions Impact Alternate Valuation of Estate Assets -- March 2008

• 2001 and 2003 Tax Cuts for the Rich?  Hardly. -- March 2008

• Charlie Rangel Tries a New Tax Hike -- February 2008

• Delay in E-Filing of Form 4136 -- February 2008
  

• Certain Transfers to Trusts Are Listed Transactions -- February 2008

• IRS Announces Safe Harbor for Vacation Home Trades -- February 2008

• U.S. Supreme Court Rules That Trust Investment Fees Are Subject to the 2% Deduction Floor - But More Fees May Escape the Floor in the Future -- Updated February 2008

• IRS Rules That Development Rights are Real Property for Like-Kind Exchange Purposes -- February 2008

• Archived Federal Taxation Articles

 

Iowa Taxation

• In Iowa, Meat Locker Subject to Sales and Use Tax -- July 2008

• Iowa Use Tax As Applied to Installment Payments -- March 2008

• Tax Treatment of Purchases Used in Wind Energy Conversion Property Explained -- March 2008

• Use of a Family Limited Partnership for Post-Death Transfers Can Cause Problems -- February 2008

• Archived Iowa Taxation Articles

 

State Taxation

• South Dakota Legislature Approves Tax Subsidy for Wind Farms -- March 2008

• Georgia Senate Approves Amendment Eliminating State Property Tax -- February 2008

 

Economic and Tax Data

• Treasury Releases Tax and Economic Data -- January 2008