X hits on this document

198 views

0 shares

0 downloads

0 comments

4 / 64

DEALER TAX WATCH

INDEX OF ARTICLES: JUNE, 1994 - DECEMBER, 2009

PAGE 4

  • I.

    ACCOUNTING & TAX ISSUES (continued) Tax Return Penalties & Disclosures - Preparer Penalties, Taxpayer (Accuracy-Related) Penalties, etc. All Tax Returns - Section 6662 & 2007 Amendments to Section 6694..........................................................25 FIN 48 … Financial Accounting Standards Board (FASB) Interpretation No. 48 (FIN 48)

    • Accounting for Uncertainty in Income Taxes ...........................................................................25

Income Tax Returns - Section 6662 & Pre-2007 Amendments to Section 6694 ...........................................26 Gift Tax Returns..............................................................................................................................................26 Tax Shelters - Abusive Tax Shelters.....................................................................................................................27

Technician Tool Plans - Section 62(c) Accountable & Nonaccountable Plans, Other Reimbursement Arrangements & Rental Programs.................................................................................27-29

Transferee Liability ..............................................................................................................................................29 Unclaimed Funds .................................................................................................................................................. 29 Vehicle Credits & Alternative Motor Vehicle Credits - Section 30B...................................................................30 Vehicle Service Contracts (VSCs) - See Producer Owned Reinsurance Companies ...........................................30 Worker Classification: Employee vs. Independent Contractor Status.................................................................30

  • II.

    UNICAP - UNIFORM INVENTORY COST CAPITALIZATION REQUIREMENTS (SECTION 263A) Moratorium on Raising Sec. 263A Issues (2009-2010) .......................................................................................31 Interim (2008 - Mid-2009)....................................................................................................................................31 TAM 200736026 (September 2007).....................................................................................................................32 General & Pre-TAM Articles (Mid-2007 and Before) .........................................................................................33

  • III.

    USED VEHICLES & BUY-HERE, PAY-HERE (BHPH) DEALERS Accounting Methods & Issues - Lower of Cost or Market (LCM) Writedown Valuations .................................34 Accounting Methods & Issues - Other Issues.......................................................................................................34 Buy-Here, Pay-Here (BHPH) Operations & Related Finance Companies (RFCs) ..............................................35 Buy-Here, Pay-Here (BHPH) Operations & Unrelated Loan Servicing Companies............................................36 Donation Programs for Used Vehicles to Charities..............................................................................................36 IRS Audits & Tax Issues for Used Vehicle Dealers.............................................................................................36

IV.

GENERAL TAX PLANNING FOR DEALERS & DEALERSHIPS Dealer Gift & Estate Planning ..............................................................................................................................37 Dealership Continuity, Restructuring, Expansion & Other Planning ...................................................................37-38

Entity Choices ... C, S, LLC ......................

...........................................................................................................38

Individual Income Tax Returns & Planning .........................................................................................................38 Other Specialized Planning Techniques ...............................................................................................................39 Real Estate Investment Trusts...............................................................................................................................39 Year-End Tax Planning Opportunities for Dealer Clients....................................................................................39

(continued)

Document info
Document views198
Page views199
Page last viewedSat Dec 10 14:53:21 UTC 2016
Pages64
Paragraphs1892
Words27464

Comments