Renowned for its understandable and time-tested presentation, this complete book offers the most effective solution for comprehending individual taxation, C corporations, taxes on financial statements, and flow-through.
Readers benefit from even more coverage of tax planning in this new book. The 2019 edition reflects the latest tax legislation, including the Tax Cuts and Jobs Act of 2017.
This edition reflects the most current tax legislation for individual taxpayers at the time of publication, including the Tax Cuts and Jobs Act of 2017.
Extensive examples, summaries and meaningful tax scenarios clarify concepts and sharpen critical-thinking, writing and research skills. The book's framework effectively demonstrates how topics relate to one another and to the big picture.
He gave the land to Alice 10 years ago, when the fair market value was $10,000. ... appreciation is taken into account in determining the donee's gain basis.32 TAx PLANNING STRATEGIES Gift Planning fRAmEwORK fOCuS: TAX RATE Strategy: ...