U. S. Master Tax GuideCCH, 2007 - 864 pages CCH's U.S. Master Tax Guide (MTG) provides helpful and practical guidance on today's federal tax law. This 91st Edition reflects all pertinent federal taxation changes that affect 2007 returns and provides fast and reliable answers to tax questions affecting individuals and business income tax. The 2008 MTG contains timely and precise explanation of federal income taxes for individuals, partnerships, corporations, estates and trusts, as well as new rules established by key court decisions and the IRS. Significant new tax developments are conveniently highlighted and concisely explained for quick reference and understanding. The handbook's explanations are meticulously researched and footnoted to provide tax practitioners with the most accurate and legally-sound guidance to help them understand, apply and comply with today's complex federal tax laws. |
Common terms and phrases
2008 Standard Federal acquired activity addition adjusted allocable allowed amount annual annuity apply assets basis beginning beneficiary benefits bonds capital child claim Code Sec compensation computed considered contract contributions corporation cost debt deduction dependent depreciation determined distribution dividends earnings election eligible employee Example exceed excess exchange excluded exempt expenses extent Federal Tax Reports filing Footnote references Form gain gross income held holding income tax increase incurred individual interest investment joint least less liability limited loan loss married method months ordinary organization paid paragraphs participant partnership payments percent period placed in service portion production purchase qualified received recognized reduced residence rules securities separate share spouse Standard Federal Tax substantially taxable income taxpayer tion trade or business transaction transfer treated trust vehicle