West Federal Taxation 2008 Corporations, Partnerships, Estates, and Trusts (with RIA Checkpoint and Turbo Tax Business CD-ROM)

by Hoffman, William H.; Raabe, William A.; Smith, James E.; Maloney, David M.

• ISBN13: 9780324380392
• ISBN10: 0324380399
• Edition: 31st
• Format: Hardcover
• Copyright: 2007-04-05
• Publisher: South-Western College/West

Summary

The 2008 EDITION of WEST FEDERAL TAXATION: CORPORATIONS, PARTNERSHIPS, ESTATES & TRUSTS remains the most effective text for helping students master the complex and ever-changing tax legislation. Its current, comprehensive, and accessible presentation provides thorough coverage of C Corporations, Flow-Through Entities, Family Tax Planning, and more, while highlighting materials of critical interest to the serious tax practitioner. And its relevant, real-world examples bring chapter concepts to life with realistic tax situations. The book gives strong emphasis to the importance of careful tax planning with special sections and integrated tax planning applications and suggestions throughout most chapters. It also offers solid coverage of how taxation is affected by international concerns. Preparing you for the long term, WFT offers many opportunities to sharpen critical-thinking and writing skills as well as build upon your knowledge as you progress through the text with unique features like the Multi-Issue Problems. In addition, Internet exercises are tied directly to chapter research cases, giving you valuable hands-on experience using online resources to solve real tax issues. WFT is packed with tools to help you succeed on the CPA exam and throughout your career. The new CPA exam includes tax research requiring students to use RIA Checkpoint®--and WFT users will be well prepared. The book includes a thorough simulation tutorial that walks students step by step through the process of how to apply RIA research strategies as well as numerous research exercises to put your skills to the test. New copies of the text include a code good for 12 months of access to RIA Checkpoint Student Version as well as tax software bestseller TurboTax® Business. Packed with examples, practical applications, and powerful learning tools, WEST FEDERAL TAXATION: CORPORATIONS, PARTNERSHIPS, ESTATES & TRUSTS, 2008 EDITION delivers the most comprehensive coverage available.

Table of Contents

Introduction

Understanding and Working with the Federal Tax Law

Corporations

Corporations: Introduction and Operating Rules

Corporations: Special Situations

Corporations: Organization and Capital Structure

Corporations: Earnings & Profits and Dividend Distributions

Corporations: Redemptions and Liquidations

Corporations: Reorganizations

Consolidated Tax Returns

Taxation of International Transactions

Flow-Through Entities

Partnerships: Formation, Operation, and Basis

Partnerships: Distributions, Transfer of Interests, and Terminations

S Corporations

Comparative Forms of Doing Business

Advanced Tax Practice Considerations

Exempt Entities

Multistate Corporate Taxation

Tax Administration and Practice

Family Tax Planning

Federal Gift and Estate Taxes

Family Tax Planning

Income Taxation of Trusts and Estates

Appendixes

Subject

Index

Table of Contents provided by Publisher. All Rights Reserved.