Here you will find summaries of some of the articles contained in our library. Click on the button to download or view the PDF of the article.
| "Philanthropic Tax Strategies" | |
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Tax advantages for the philanthropist |
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| "Depreciation: Maximizing its Benefits" | |
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Revisit Section 179 |
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| "Tax Strategies for Education" | |
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A summary of various strategies to fund education |
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| "Incentives for Research and Development" | |
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Learn how to claim a deduction of 20% of R&D expenses. |
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| "Deduction Offers Advantages to Manufacturers" | |
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Explains how to get up to 3% tax savings in 2005 and up to 9% by 2010 |
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| "Tax Implications for your Business Renting Property that You Own"" | |
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Explains differences between passive and active income and how to offset gains with losses. |
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| "Tax Implications for Related Parties" | |
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Explains types of controlled groups and their tax implications from various transactions. |
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| "Exclusions for the Sale of a House" | |
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When is the gain on the sale of a house taxable and nontaxable? |
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| "The Ethics of Tax Preparation" | |
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Can the practitioner advise a client to take a position on his or her return, when the practitioner expects the IRS to take a contrary position? What are the distinctions between tax avoidance and tax evasion? What are the limitations, if any, on tax avoidance? |
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| "Tax Laws Applying to Vehicles" | |
| A summary of the tax laws as
they apply to vehicles' usage and allowable deductions. |
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| "Are Tax-Preparation Documents Protected by Attorney-Client Privilege?" | |
| Is an attorney who is also
an accountant and who prepared tax returns for his client protected by
attorney-client privilege when the return is investigated by the IRS?
The courts say 'no.' |
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| " Jobs and Growth Relief Act: Business Incentives " | |
| Discussion of the impact of
the depreciation "bonus" and Section 179 |
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| " Section 529: Tax Benefits for Funding Education " | |
| Detailed explanation of the
tax benefits associated with qualified state tuition programs |
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© 2001 McGill, Power, Bell & Associates, LLP