Individuals and Small Business Tax Planning Guide, Fourth Edition

Topics and Contents

 
PART I--FAMILY/LIFE SITUATION PLANNING
 
1: Tax Planning for Children
2: Tax Planning When Losing and Finding a Job
3: Planning for Selected Divorce-Related Issues
4: Innocent Spouse Rules
5: Tax-Wise Ways of Handling Medical Expenses
6: Selling a Home
7: Taking Advantage of Incentives for Higher Education
8: Disabled Individuals
 
PART II--FINANCIAL AND INVESTMENT PLANNING
 
9: Making Mutual Fund Investments
10: Certain Investment Products
11: Using Life Insurance Trusts
12: Sophisticated Charitable Giving
13: Dealing With the Passive Activity Loss Rules
 
PART III--RETIREMENT AND ESTATE PLANNING
 
14: Using Roth IRAs
15: 401(K) Plans From the Employer and Employee Perspectives
16: Retirement Plan Options for the Self-Employed
17: Simple Plans
18: Planning for Distributions From IRAs and Retirement Plans
19: Decisions on Qualified Retirement Plans and IRAs on Death
20: Using Family Limited Partnerships
 
PART IV--EMPLOYEE BENEFITS PLANNING
 
21: Employee Benefits for Small Businesses
22: Fringe Benefits
23: Flexible Spending Arrangements (FSAs)
 
PART V--SMALL BUSINESS TAX PLANNING
 
24: Choice of Business Organization
25: S Corporations
26: Limited Liability Companies
27: Incorporating a New or Existing Business Under Code Sec. 351
28: Writing Off Start-Up Expenses
29: Post-INDOPCO Planning
30: Strategies for Payroll Taxes
31: Employee Versus Independent Contractor Issues
32: Travel and Entertainment Expenses
33: Tax Implications of Complying With Federal Employment Laws
34: Business Tax Credits
 
PART VI--GENERAL TAX PLANNING
 
35: Getting Advice and Guidance From the IRS
36: Strategies for Paying Taxes
37: Mid-Year and Year-End Tax Planning
38: Using Installment Sales
39: Handling Interest on Underpayments and Overpayments
40: Avoiding Tax Penalties
41: Valuation Issues
42: Tax Implications for Financially Troubled Individuals and Businesses
43: Alternative Minimum Tax Planning
 
APPENDIX
 
Sample Letter Ruling Request
IRS Life Expectancy Tables for Figuring Retirement Plan Distributions
 
GLOSSARY
 
 
INDEX