Reports of the United States Tax Court, Volume 126The Court, 2006 |
From inside the book
Results 1-5 of 33
Page 258
... inventory . IRM sec . 5.16.1.1 ( Sept. 2005 ) . The IRM enumerates a variety of reasons that will support currently not collectible status , including where collection would create undue hardship by leaving taxpayers unable to meet ...
... inventory . IRM sec . 5.16.1.1 ( Sept. 2005 ) . The IRM enumerates a variety of reasons that will support currently not collectible status , including where collection would create undue hardship by leaving taxpayers unable to meet ...
Page 322
... inventory , omitted a step required by that method . Held , R's revaluations of the corporations ' inventories , to cor- rect for the accountant's omissions , constituted changes in a method of accounting employed by the corporations ...
... inventory , omitted a step required by that method . Held , R's revaluations of the corporations ' inventories , to cor- rect for the accountant's omissions , constituted changes in a method of accounting employed by the corporations ...
Page 323
... inventories and an accrual method of accounting to determine the cost of the goods sold and to match that cost against sales revenue . See secs . 1.471-1 ( merchants must use inventories ) and 1.446–1 ( c ) ( 2 ) ( i ) ( generally ...
... inventories and an accrual method of accounting to determine the cost of the goods sold and to match that cost against sales revenue . See secs . 1.471-1 ( merchants must use inventories ) and 1.446–1 ( c ) ( 2 ) ( i ) ( generally ...
Page 324
... inventories and an accrual method of accounting , along with various assumptions as to the manner in which the actual costs incurred in acquiring or producing items of inventory are allocated among the items so acquired or produced . To ...
... inventories and an accrual method of accounting , along with various assumptions as to the manner in which the actual costs incurred in acquiring or producing items of inventory are allocated among the items so acquired or produced . To ...
Page 325
... inventory , and he justifies LIFO on the ground that the changing costs associated with maintaining that level of inventory should be expensed in the year incurred . Id . Gertzman believes that the LIFO objective of matching is achieved ...
... inventory , and he justifies LIFO on the ground that the changing costs associated with maintaining that level of inventory should be expensed in the year incurred . Id . Gertzman believes that the LIFO objective of matching is achieved ...
Contents
169 | |
205 | |
206 | |
215 | |
233 | |
237 | |
266 | |
281 | |
61 | |
62 | |
65 | |
66 | |
72 | |
84 | |
96 | |
108 | |
117 | |
155 | |
157 | |
162 | |
164 | |
167 | |
168 | |
299 | |
300 | |
309 | |
330 | |
332 | |
333 | |
337 | |
338 | |
341 | |
355 | |
360 | |
367 | |
371 | |
Other editions - View all
Common terms and phrases
9th Cir adjustments Admin administrative affd amended amount Anglo-Am Antarctica Appeals officer apply assessment Brand X capital loss Chevron claim closing agreement coal Commis Commissioner community property laws computation Congress conservation easement Court of Appeals December 31 deficiency notice Direct Tea Trading disputed regulations election entitled Fairfax County Federal income tax Federal tax foreign corporation GATT rate Grist Mill property gross income hearing Income Tax Regs income tax return Internal Revenue Code Internal Revenue Service interpretation issue jurisdiction Lee Ranch legislative history levy LIFO limited majority mark-to-market ment method of accounting Natl notice of determination ous payment 99.00 overpayment interest parties petition petitioner petitioner's Planegger Proced provides real property reasonable refund relevant text relief Rept request respondent respondent's Revenue Act rule Secretary section 233 sioner spouse Stat statute statutory Subsequent miscellane supply contracts supra T.C. Memo Tax Court tax lien taxpayer tion United Zapara