U.S. Master Tax Guide--Special TRC Edition (2007) - Softcover

CCH Tax Law Editors

Softcover

ISBN 10: 080801501X ISBN 13: 9780808015017

Publisher: CCH, Inc., 2006

Synopsis

This Special Edition of the U.S. Master Tax Guide (MTG) comes complete with references to CCH's comprehensive tax analysis update service -- the Tax Research Consultant. CCH's U.S. Master Tax Guide (MTG) provides helpful and practical guidance on today's federal tax law. This 90th Edition reflects all pertinent federal taxation changes that affect 2006 returns and provides fast and reliable answers to tax questions affecting individuals and business income tax. The 2007 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. This handbook is built for speed with numerous time-saving features, including a tax calendar, taxpayer-specific return flowcharts, lists of average itemized deductions, selected depreciation tables, rate tables, checklists of income, deduction and medical expense items, and more. These features help users quickly and easily determine how particular tax items and situations should be treated and answer client questions. SPECIAL BONUS! MTG comes complete with the popular Quick Tax Facts card that can be detached for at-a-glance reference to key tax figures and other often referenced amounts used in preparing 2006 income tax returns, and a special bonus CPE course supplement entitled "Top Federal Tax Issues for 2007," which focuses in on the most significant and thorniest new tax developments affecting practitioners for the year. The Top Federal Tax Issues Course allows professionals to earn CPE credit while keeping up-to-date on the most import

About this title

From the Publisher:

The 2007 U.S. Master Tax Guide's updated explanations cover:

- Highlights of New Tax Developments
- Tax Rates and Tax Tables
- Individuals
- Corporations
- S Corporations
- Partnerships
- Trusts and Estates
- Exempt Organizations
- Income
- Exclusions from Income
- Business Expenses
- Non-Business Expenses
- Losses and Bad Debt
- Depreciation, Amortization and Depletion
- Tax Credits
- Minimum Tax
- Tax Accounting
- Basis for Gain or Loss
- Sales, Exchanges and Capital Gains
- Installment Sales/Deferred Payment Sales
- Securities Transactions
- Tax Shelters/At-Risk Rules/Passive Losses
- Retirement Plans
- Corporate Acquisitions/Reorganizations
- Taxation of Foreign Activities/Taxpayers
- Returns and Payment of Tax
- Withholding and Estimated Taxes
- Examination of Returns -- Collection of Tax
- Penalties and Interest
- Estate, Gift and Generation-Skipping Tax

Conveniently cross-referenced to the Internal Revenue Code, Income Tax Regulations, and CCH's Tax Research Consultant for further research, this edition of the classic and reliable MTG reference is a must for all tax professionals using the CCH Tax Research Consultant.

About this edition

• Publisher: CCH, Inc.
• Publication date: 2006
• ISBN 10: 080801501X
• ISBN 13: 9780808015017
• Binding: Perfect Paperback
• Number of pages: 864