Stay up to date on corporate tax planning and developments including a discussion of recent tax legislation, current cases, rulings and regulations.
DESIGNED FOR
CPAs looking for an update on Federal Corporate Tax.
HIGHLIGHTS
Topics for discussion:
- Legal Advice Issued by Field Attorneys 20154501F (11/16/15) which deals with reasonable compensation issues for executives
- Estate of Edward S. Redstone, 145 TC No 11. Transfer of stock owned by shareholder in a closely held family business pursuant to an “oral” trust to settle dispute between the shareholders not deemed gift.
- Pilgrim’s Pride Corporation v. Comm. , 2015-1 U.S.T.C. ¶50,211, (5th Cir. 2015) rev’g 141 T.C. No. 17, Abandonment of a capital asset is an ordinary loss pursuant to Code Sec. 165(g).
- Shapiro v. Ettenson, 2015 NY Slip Op 31670[U], Sup Ct. NY Co. 2015, a case of first impression, the majority in a member-managed LLC were allowed to adopt an operating agreement and enforce against a non-signatory minority member a capital call which if the members did not make their pro-rata contribution, would lead to dilution of interest.
- N.Y. Tax Law §209's Economic Nexus Provisions
COURSE LEVEL
Basic
ADDITIONAL NOTES
This webinar is part of the Hot Topics for New Jersey CPAs webinar pass.