CCH's Guidebook to Florida Taxes is the perfect resource for practitioners working with state taxation in Florida. The Guidebook is designed as a quick reference work, presenting succinct discussions of state and local taxes, giving a general picture of the state tax laws and regulations and highlighting the significant cases and administrative rulings. This annual publication is useful to tax practitioners, in-state and multistate businesspersons, and those who are obligated to file Florida returns or who are required to deal with Florida taxes.  

Now in its 38th edition, this popular and authoritative Guidebook is the one source those involved with Florida taxation need for timely and accurate answers in a convenient and accessible desktop format.  It presents concise coverage of the taxes of major interest, including:

• corporation income tax (applicable to all corporations including banks and insurance companies)
• sales and use taxes
• intangible personal property tax
• estate tax

Other Florida taxes are summarized, as well, with particular emphasis placed on persons or transactions subject to tax; exemptions; basis and rate of tax; and returns and payment.    

The Guidebook includes additional practical tips, pointers and examples to practitioners by James M. Ervin, Jr., Esq., a partner of the Tallahassee office of the law firm, Holland & Knight, LLP. This valuable commentary helps practitioners further apply the complex principles of Florida tax law to specific practice situations.

For the user's convenience in determining what is new in the Florida tax law, a special Highlights of Tax Changes section is included to provide at-a-glance awareness of key recent developments in the law. While this handbook focuses on the law applicable to the filing of income tax returns in 2011 for the 2010 tax year, legislative changes effective after 2010 are also noted with an indication of the effective date to avoid confusion and to assist in future tax planning. Helpful references to both the Florida and related federal provisions are provided throughout for those who wish to more fully examine explanations and text of the applicable law. Also, detailed Tables of Contents, Law and Regulations Finding Lists, a Topical Index, and an organized presentation of the content combine to make pinpointing critical information quick and easy. Detailed references to specific paragraphs in the comprehensive CCH Florida Tax Reports service are also provided throughout the Guidebook to assist users in further, more comprehensive tax research and tax planning.

• State Tax Handbook 2011
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Available: October 2010

Author: Glenn R. Carrington

Tax Accounting in Mergers and Acquisitions gives in-depth, practical coverage of today's key issues in corporate acquisitions, dispositions, reorganizations, and restructurings from a transactional perspective. It will help your client:

1. Decide if the transaction should be taxable or nontaxable.
2. Structure the deal for the best results-stock or asset acquisition.
3. Achieve desired business objectives.

Chapter 1       Taxable and Tax-Free Acquisitions
Chapter 2       Basic Concepts in Deductibility and Capitalization
Chapter 3       Accounting for Restructuring Transactions under Code §351, 338, 381, 721, and 1001
Chapter 4       Treatment of Contingent Liabilities
Chapter 5       Treatment of Transaction Costs Prior to the Final Capitalization Regulations
Chapter 6       Final Capitalization Regulations
Chapter 7       Debt Modifications in Connection with Mergers and Acquisitions
Chapter 8       Original Issue Discount (OID) in Mergers and Acquisitions
Chapter 9       Amortization of Intangibles under Code §197
Chapter 10     Limitation on Loss Carrybacks — Corporate Equity Reduction Transactions
Chapter 11     Consolidated Return Tax Accounting Issues
Chapter 12     Tax Accounting Issues in Bankruptcies and Work-outs

Related Books:

• Full Article

CCH's Guidebook to Connecticut Taxes is the perfect resource for concise explanation for practitioners working with state taxation in Connecticut.  Designed as a quick reference work, the Guidebook presents succinct discussions of state and local taxes, giving a general picture of the state tax laws and regulations and highlighting the significant cases and administrative rulings.  This annual publication is useful to tax practitioners, in-state and multistate businesspersons, and those who are obligated to file Connecticut returns or who are required to deal with Connecticut taxes.

The comprehensive and authoritative Guidebook is authored by a team of leading experts in Connecticut state taxation:

• Richard D. Pomp--Coordinating Editor
• Leslie E. Grodd, Esq.--Estate and Gift Taxes
• Christine L. Hill, Esq.--Sales and Use Taxes
• Diana L. Leyden, Esq.--Miscellaneous Taxes
• Glenn G. Rybacki, Esq.--Administration and Procedure
• David F. Sherwood, Esq.--Property Tax
• Jay M. Smolin, CPA--Personal Income Tax
• Richard W. Tomeo, Esq.--Corporate Business Tax
• Laura R. Wyeth, CPA--Sales and Use Taxes

• personal income tax
• corporation income tax
• sales and use taxes

Other Connecticut taxes are summarized, as well, with particular emphasis placed on persons or transactions subject to tax, exemptions, basis and rate of tax, and returns and payment.

For the user's convenience in determining what is new in the Connecticut tax law, a special Highlights of Tax Changes section is included to provide at-a-glance awareness of key recent developments in the law.  While this handbook focuses on the law applicable to the filing of income tax returns in 2011 for the 2010 tax year, legislative changes effective after 2010 are also noted with an indication of the effective date to avoid confusion and to assist in future tax planning.  Helpful references to both the Connecticut and related federal provisions are provided throughout for those who wish to examine full text of the applicable law.  Also, detailed Tables of Contents, Law and Regulations Finding Lists, a Topical Index and organized presentation of the content make pinpointing critical information quick and easy.  Helpful references to specific paragraphs in the comprehensive CCH Connecticut Tax Reports service are also provided throughout the Guidebook to assist users in further, more comprehensive tax research and tax planning.

• State

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CCH's Guidebook to California Taxes is the classic handbook on California taxation. Widely used by practitioners and all those involved in California taxes, this time-saving aid is accepted as the premier source for quick reference to all taxes levied by the state, including personal and corporate income, inheritance and gift, sales and use, and property taxes. The 2011 Guidebook is the 62nd Edition, reflecting significant new legislation, regulations, court decisions, and State Board of Equalization decisions through press time in December. It is authored by CCH Tax Law Editors with additional editorial commentary provided by highly-regarded tax practitioners, Bruce Daigh and Christopher Whitney of PricewaterhouseCoopers.

This practical resource includes a guide to the preparation of California personal income tax returns--for residents, non-residents, and part-year residents. This special return preparation section discusses who must file, filing status, exemptions, deductions, rates, credits, where and when to file, extensions, and estimated taxes, as well as compliance procedures and requirements relevant to return preparation.  A special summary of key new legislative, regulatory and judicial developments provides at-a-glance awareness of changes and the impact on taxpayers. The Guidebook also compares state taxes with federal taxes and illustrates the differences. Cross references make it easy to trace comparable California and federal provisions.

The CCH Guidebook to California Taxes is designed to accomplish four main objectives
:

1. Give an updated and comprehensive picture of the impact and pattern of all taxes levied by the state of California and also the general property tax levied by local governmental units.
2. Provide quick and reliable step-by-step guidance to the preparation of individual resident, nonresident, and part-year resident income tax returns.
3. Present a readable quick reference to the personal income tax and taxes on corporate income.
4. Tell you quickly what the California tax law provides, whether the provision is the same as the federal and, if so, the significance of the difference.

• State Tax Handbook 2011
• Guidebook to Illinois Taxes (2011)
• Guidebook to Connecticut Taxes (2011)
• Guidebook to Florida Taxes (2011)
• Full Article

Available: October 2010

Authors: Jerry J. McCoy, Kathryn W. Miree, J.D.

The Family Foundation Handbook provides comprehensive coverage of the legal, tax, and business aspects of forming and operating a family foundation. From grant making to investment management, accounting procedures to tax filings, and funding the foundation to protecting it from liability, this handbook provides coverage of all the issues a family foundation faces. This valuable resource provides forms, checklists, questionnaires, training forms, and other items to help provide the professional assistance every foundation needs.

2011 Highlights:

• A new section on L3Cs and B Corporations and the role those new entities play in grantmaking.
• New regulations, revenue rulings, and private letter rulings impacting family foundations.
• The most recent statistics of related to family foundation trends and profiles from The Foundation Center, the Council on Foundations, the IRS, and the Association of Small Foundations.
• The most recent data on family foundation investment returns, asset allocations, and administrative expenses with a special emphasis on salary data.
• Updated statutory references for state volunteer protection laws.
• Updated statutory references for states that have adopted the Uniform Prudent Management of Institutional Funds Act (which is quickly replacing Uniform Management of Institutional Funds Acts across the country) and the impact that will have on foundation management.
• The most current list of resources for family foundations including resources, publications grants and administrative software, online research sites, charitable trade groups, and socially responsible investment funds and firms.
• The new statutory rules under the Pension Protection Act affecting Type III supporting organizations, and the Proposed Treasury Regulations associated with those rules.
• Expanded discussion of the uncertain status of the federal estate tax and the tax on generation-skipping transfers as this edition went to press.
• An additional alternative for the person considering a family foundation – the medical research organization.
• Expanded discussion of the privacy and disclosure aspects of a family foundation with some potential strategies for the person who regards this as a major concern.

Content:

• Introduction.
• Family Foundation Basics
• How To Create A Family Foundation
• Using Charitable Trusts To Fund The Family Foundation
• Designing The Family Foundation
• Operating Restrictions
• Grantmaking
• Foundation Administration
• Special Issues
• Bibliography
• Table of Cases
• Table of Statute

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CCH's 1041 Express Answers is the ideal quick-answer tool for busy tax practitioners who prepare fiduciary income tax returns. Updated annually, 1041 Express Answers is a spiral-bound resource that helps practitioners prepare Form 1041 tax returns quickly, easily and accurately - with practical, plain-English guidance that clearly explains the rules and procedures that the preparer needs to know to correctly complete the required tax forms. It is designed specifically for busy tax practitioners who need a ready answer to questions that arise while actually preparing the return.

Preparers will benefit from:

• Compliance oriented, line-by-line approach, so you can quickly get the help you need while completing the return and answering client questions.
• Plain-English guidance, making the complex rules (and exceptions to the rules) easy to understand and apply.
• New rules and form changes highlighted, so you can be confident that you're aware of new developments that may affect the 1041 return and can help your clients take advantage of new tax law changes to maximize their tax-saving opportunities and avoid pitfalls.
• Highly visual, two-color presentation, making it it faster and easier to find the information you need.
• Charts and tables summarizing important concepts, facts and figures to save you time when you need it most.
• Quick-reference icons associated with key features, such as Cautions, Examples, Planning Pointers, and Gray Areas, are used throughout to alert you to must-know information.
• References to U.S. Master Tax Guide paragraphs, where you can find additional information on each topic discussed.
• Detailed topical index, including references to everyday practice terminology, point you to the answers you need.
• Handy tabbed divider section help you instantly identify the area you're looking for at a glance.

CONTENTS:

Tab 1:  Filing Issues

Tab 2:  Form 1041

Tab 3:  Income In Respect of a Decedent

Tab 4:  Business Income (or Loss)

Tab 5:  Farm Income (or Loss)

Tab 6:  Rents, Royalties, Partnerships

Tab 7:  Schedules A--Charitable Deduction and B--Income Distribution Deduction

Tab 8:  Schedule G--Tax Computation and Other Information

Tab 9:  Schedule I--AMT

Tab 10:  Schedule D--Capital Gains and Losses

Tab 11:  Schedule J--Accumulation Distribution

Tab 12:  Depreciation, Depletion, Amortization

Tab 13:  Schedule K-1

Tab 14:  Modification and Termination

Tab 15:  State Tax Information

Tab 16:  Index 

With CCH's 1041 Express Answers, you'll speed through tax season, with concise and reliable answers right at your fingertips!

1

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CCH's Guidebook to Illinois Taxes is the perfect resource for concise and reliable information for practitioners working with state taxation in Illinois.  Designed as a quick reference work, the Guidebook presents succinct discussions of state and local taxes, describing the general provisions of the respective tax laws and regulations and highlighting significant cases and administrative rulings.  This annual publication is useful to tax practitioners, in-state and multistate businesspersons, and those who are obligated to file Illinois returns or who are required to deal with Illinois taxes.

Now in its 41st edition, this popular handbook is the one source those involved with Illinois taxation need for timely and accurate answers in a convenient and accessible desktop format.  It presents concise coverage of the taxes of major interest including:

• Personal Income Tax
• Corporate Income Tax
• Sales And Use Taxes

Other Illinois taxes are summarized, as well, including the administration and imposition of City of Chicago taxes, with particular emphasis placed on persons or transactions subject to the tax, the basis and rate of tax, and the new annual return provisions.Administration and imposition of City of Chicago taxes 

The Guidebook includes additional practical tips, pointers and examples to practitioners by Marilyn A. Wethekam, Fred O. Marcus, Jordan M. Goodman, David A. Hughes, Brian L. Browdy, and C. Eric Fader of Horwood Marcus & Berk in Chicago.  This valuable commentary helps practitioners further apply the complex principles of Illinois tax law to specific practice situations.

For the user's convenience in determining what is new in the Illinois tax law, a special Highlights of Tax Changes section is included to provide at-a-glance awareness of key legislative developments in the law.  While this handbook focuses on the law applicable to the filing of income tax returns in 2011 for the 2010 tax year, legislative changes effective after 2010 are also noted with an indication of the effective date to avoid confusion and to assist in future tax planning.  Helpful references to both the Illinois and related federal provisions are provided throughout for those who wish to more fully examine explanations and text of the applicable law.  Also, detailed Tables of Contents, Law and Regulations Finding Lists, a Topical Index, and an organized presentation of the content combine to make pinpointing critical information quick and easy.  Detailed references to specific paragraphs in the comprehensive CCH Illinois Tax Reports service are also provided throughout the Guidebook to assist users in further, more comprehensive tax research and tax planning.

Related Titles:

• Full Article

Available: November 2010

Author: Scott Taub CPA

Revenue is the top line in the income statement and one of the most important figures to both preparers and users of financial statements. It is also one of the most difficult numbers in the financial statements to get right. Revenue Recognition Guide is a comprehensive reference manual covering the key concepts and issues that arise in determining when and how to recognize revenue. It covers the litany of existing authoritative literature related to revenue recognition and clarifies those revenue recognition concepts that are vague. 

For issues not addressed in the accounting literature, this Guide provides suggested accounting treatments that are consistent with general revenue recognition concepts and principles.

This edition has been updated to reflect the new FASB Accounting Standards Codification^TM    and includes both pre- and post-Codification references for quick access to the information you need in the way that you prefer accessing it. 

The Guide also provides examples of key points, includes excerpts from the financial statements of public companies, illustrating key concepts and judgments, and discusses revenue recognition projects on the agendas of the various accounting standard-setters.

Revenue Recognition Guide is organized into 13 chapters. Within these chapters, a number of Observations and Practice Pointers highlight key consequences of the accounting guidance and identifies issues to watch for when dealing with certain revenue transactions. SEC Registrant Alerts highlights issues that the SEC is particularly focused on, as well as additional guidance provided by the SEC beyond the guidance typically followed by non-public companies.
To facilitate research, the text includes references to pertinent paragraphs of the authoritative literature addressing key points.

Material can be located several ways: the Cross-Reference lists pre- and post-Codification references and shows the chapter in which a particular pronouncement is discussed; the Index provides a quick page reference based on topic.

Revenue Recognition Guide covers the following topics:

• Revenue-Related Literature
• General Principles
• Multiple-Element Arrangements
• Product Deliverables
• Service Deliverables
• Intellectual Property Deliverables
• Miscellaneous Issues
• Contract Accounting
• Software: A Complete Model
• Presentation
• Disclosures
• Future Expectations and Projects

Related Books:

• U.S. Master Tax Guide®, 2011
• Full Article

Federal Tax Course: A Guide for the Tax Practitioner offers the knowledge and know-how needed to deal effectively with all current developments in federal tax. This easy-to-use guide is written by Susan Flax Posner, one of today's most effective communicators on the tax law. The Guide presents a complete picture of the federal tax law for today's busy practitioners with clear and easy-to-understand explanations.  It discusses hundreds of tax strategies and uses real-world examples to illustrate application of tax principles. 

This comprehensive manual provides more than 2,300 pages of completely updated material, which has made it an essential and necessary reference for thousands of tax return preparers, business planners, legal advisors or business owners. The  Guide is the tax reference of choice for so many practitioners because it covers taxes in a uniquely approachable and understandable way and it helps readers avoid costly tax traps and keep tax bills at their rock-bottom minimum. Simply written and illustrated, yet comprehensive, the Guide provides:

• Eight chapters on figuring the individual tax that clearly explain all the rules and concepts involved
• Six chapters on deductions and exemptions that painstakingly present the detail in clear language
• Five chapters on withholding, AMT and tax accounting that cut through the complexity for better understanding
• Six chapters on taxation of corporations, S corporations, partnerships, and estates and trusts that plainly explain the rules
• Five chapters on returns, payments, foreign income and estate and gift that crystallize the issues

The new 2011 Edition reflects the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation Act of 2010, and the Hiring Incentives to Restore Employment (HIRE) Act, as well as recent regulations, rulings and case law that impact the many topics covered.

CONTENTS:

Key Tax Return Filing Facts       
Excise Tax Rates         
2011 Federal Tax Calendar

Figuring the Individual Tax

1.    Individuals Filing Status, Personal Exemptions, Standard Deduction and Rates 
2.    Gross Income Inclusions          
3.    Retirement Plans 
4.    Employee Fringe Benefits 
5.    Gross Income Exclusions
6.    Gain or Loss Basis Recognition
7.    Gain or Loss, Sale of Residence, Casualty, Theft, Condemnation
8.    Capital Gains and Losses of Individuals

Maximizing Deductions and Credits

9.    Personal Deductions
10.  Travel and Entertainment Deductions
11.  Depreciation
12.  Business Deductions
13.  Losses and Bad Debts <

If you would like more details about this product, or would like to order a copy online, please click here.

Full Article

Available: September 2010

Author: Leo Troy Ph. D.

CCH's Almanac of Business and Industrial Financial Ratios is the first step in helping to determine a company's true measure of performance and value.  The comprehensive resource puts 50 comparative performance indicators at the practitioner's command and covers all of North America (U.S., Canada, and Mexico) using NAICS data. The Almanac provides financial information that is calculated and derived from the latest available IRS data on nearly 5 million U.S. and international companies. The Almanac gives you accurate performance data for 50 operating and financial factors in 199 industries.

Data for each industry is divided into 13 categories based on company size, so you'll find a precise benchmark against which to measure any company's performance. One quick glance at the appropriate field of business and company-size category and you've found the definitive starting point for competitive performance analysis. The Almanac provides competitive norms in actual dollar amounts for revenue and capital factors, such as net receivables, net property, inventories, total assets, portfolio income, and more. It then gives you important average operating costs in percent of net sales, including cost of operations, pensions and benefits, interest, and more.

The Almanac provides ratios for industry-wide results for inventory turnover, current assets to working capital, quick ratio, asset turnover, and others. It also provides other critical financial factors in percentages, including debt ratio, return on assets, and return on equity, and profit margin. 

The Almanac of Business and Industrial Financial Ratios comes complete with a CD that contains a special Excel Spreadsheet Template that can be used to input data on a given company to see how a company compares with the data provided in the Almanac.

The book is organized by the following major industry sectors, which in turn cover 199 industries, including:

• Agriculture, forestry, fishing, and hunting
• Mining
• Utilities
• Construction
• Manufacturing
• Wholesale trade
• Retail trade
• Transportation and warehousing
• Information
• Finance and insurance
• Real estate and rental leasing
• Professional, scientific and technical services
• Management of companies (holding companies)
• Administrative and support and waste management and remediation services
• Health care and social assistance
• Arts, entertainment and recreation
• Accommodation and food services
• Other services (including repair and maintenance, automotive repair and maintenance, personal and laundry services, and reli

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Available: December 2010

CCH's State Tax Handbook is the perfect quick-answer tool for tax practitioners and business professionals who work with multiple state tax jurisdictions. This reference provides readers with an overview of the taxation scheme of each state and the District of Columbia, as well as multistate charts on income taxes (personal and corporate), sales and use taxes and tax administration. It saves lots of time for busy practitioners, serving as a convenient single source of key state tax information for professionals instead of them having to wade through multiple sources to find this information.

The book is set out in four parts, which together paint an overall picture of the states' levies, bases and rates of each tax, principal payment and return dates, and other important information on major state taxes.

The State Tax Handbook provides a comprehensive "Taxes by State" section, which helpfully summarizes in one place the tax rules for each state, including key information such as tax rates and filing/payment dates. It details the taxing authorities for each jurisdiction, including addresses, phone numbers, websites and taxes governed by each office. This helpful section also includes a discussion on collection of out-of-state taxes. The major features of each state's revenue system are outlined in uniform arrangement which makes reference from state to state easy.   

At-a-glance multistate charts detail important issues to assist state tax compliance and planning. More than 120 charts are provided, covering discrete topics such as income tax rates, state corporate and personal income tax reporting requirements, filing extensions, state taxation of passthrough entities; allocation and apportionment, AMT on preference items, manufacturing exemptions, sales for resale, consolidated returns, and estimated tax requirements. 



Related Books:

• U.S. Master Tax Guide®,2011
• ProSystem fx Tax: for U.S. Tax Returns
• INTERNAL REVENUE CODE: Income, Estate, Gift, Employment and Excise Taxes, Winter 2011 Edition
• U.S. INCOME TAX REGULATIONS, Winter 2011 Edition
• State Tax Handbook 2011
• Full Article

Compiled by a team of distinguished law professors, the 2010-2011 edition of INTERNATIONAL INCOME TAXATION: Code and Regulations--Selected Sections serves both students and practitioners in accessing the laws and regulations for  U.S. international tax. For students, the INTERNATIONAL INCOME TAXATION: Code and Regulations--Selected Sections is a popular companion to an international tax coursebook for use in undergraduate or graduate courses in law and business schools. For practitioners, the book is an exclusive convenient desk reference.  Unlike the full multi-volume Internal Revenue Code and Income Tax Regulations, this single-volume reference travels well between home and office -- and between classroom and dorm. The book features a reader-friendly large 7-1/4" x 10" format with new larger type fonts for enhanced readability.

Includes CD of entire contents of book.

In this comprehensive and easy-to-use volume, Professors Richard C. Pugh, Charles H. Gustafson, and Robert J. Peroni have selected provisions of the Internal Revenue Code and Income Tax Regulations directly related to the U.S. taxation of foreign entities and the U.S. taxation of domestic entities that have income from sources outside the country.  Code and Regulations sections included are those deemed to be essential to International Tax teachers, students and practitioners.

The 2010-2011 edition of INTERNATIONAL INCOME TAXATION: Code and Regulations--Selected Sections reflects all legislation and regulations enacted or adopted on or before June 1, 2010.

You may also be interested in:
INTERNAL REVENUE CODE: Income, Estate, Gift, Employment and Excise Taxes, (Summer 2010 Edition)

If you would like more details about this product, or would like to order a copy online, please click here.

CCH no longer publishes the 1040 Preparation and Planning Guide (or the Canadian companion book).

Instead, you are invited to consider the following books:

• 1040 Express Answers (2011) 
• 1041 Express Answers (2011) 
• 1065 Express Answers (2011) 
• 1120S Express Answers (2011) 
• Federal Tax Course (U.S.): A Guide for the Tax Practitioner (2011) 

Thank you

.

If you would like more details about this product, or would like to order a copy online, please click here.

Available: November 2010

CCH's 1065 Express Answers is the ideal quick-answer tool for busy tax practitioners who prepare partnership tax returns and the partner's Schedule K-1. Updated annually, 1065 Express Answers is a spiral-bound resource that helps practitioners prepare Form 1065 tax returns quickly, easily and accurately - with practical, plain-English guidance that clearly explains the rules and procedures that the preparer needs to know to correctly complete the required tax forms. It is designed specifically for busy tax practitioners who need a ready answer to questions that arise while actually preparing the return.

Preparers will benefit from:

• Compliance oriented, line-by-line approach, so you can quickly get the help needed while completing the return and answering client questions.
• Plain-English guidance, making the complex rules (and exceptions to the rules) easier to understand and apply.
• New rules and form changes highlighted, so you can be confident that you're aware of new developments that may affect the partnership return and can help your clients take advantage of new law changes to maximize their tax-saving opportunities and avoid pitfalls.
• Highly visual, two-color presentation, making it faster and easier to find the information you need.
• Charts and tables summarizing important concepts, facts and figures to save you time when you need it most.
• Quick-reference icons associated with key features, such as Cautions, Examples, Planning Pointers, and Gray Areas, are used throughout to alert you to must-know information.
• References to U.S. Master Tax Guide paragraphs, where you can find additional information on each topic discussed.
• Detailed topical index, including references to everyday practice terminology, point you to the answers you need.
• Handy tabbed divider section help you instantly identify the area you're looking for at a glance.

CONTENTS:

• Form 1065--General Information
• Income and Deductions
• Schedules A and B
• Schedule K
• Schedules L, M-1, M-2 and M-3
• Schedule D
• Partner’s Schedule K-1
• Allocation Rules
• Partnership Formation
• Depreciation
• Transfers of Interest
• Death or Retirement of a Partner
• Terminations, Mergers and Divisions
• Real Estate Partnerships
• LLCs, LLPs and LLLPs
• State Tax Information
• Election Statements
• Form 1065 Checklist
• Index

1065 Express Answers includes one free copy of CCH's bonus Top Federal Tax Issues for 2011 Course, which examines the top new tax issues practitioners will face in the coming year (grading

If you would like more details about this product, or would like to order a copy online, please click here.

Available: December 2010

This comprehensive and authoritative resource provides full, unabridged text of the complete Internal Revenue Code in two volumes. CCH offers this tax information in a timely and reliable manner that business and tax professionals have come to expect and appreciate.  This Winter Edition of Internal Revenue Code reflects all new statuatory tax changes enacted as of December 1, 2010. 

CCH's Internal Revenue Code is presented in a reader-friendly format, with an expanded 7-1/4" x 10" oversized page and larger type fonts for enhanced readability.  And, it features a two-volume format to allow for a more legible single-column presentation of the Code provisions themselves.  

Reproduced is the complete Internal Revenue Code dealing with income, estate, gift, employment, and excise taxes, along with all the procedural and administrative provisions.  Current text of the statutes is presented, and a history of each tax code section, or subsection if appropriate, is provided in the amendment notes. The amendment notes specifically identify the changes made by prior Acts and serve as a means of reconstructing the former text of a Code section or subsection if reference to prior law is required. The detailed Topical Index located at the end of both volumes reflects all matters covered, so researchers can quickly pinpoint any information needed, and rate tables are also helpfully included.  

CCH's readability, detailed amendment notes and accuracy have proven beneficial year after year-and are now further enhanced by the easy-to-use format featuring 7-1/4" x 10" oversized pages, with larger type fonts for enhanced readability. Serious tax professionals who rely on the Code in the normal course of their work know they can count on CCH's Internal Revenue Code over any other volumes available. The CCH Code is also great tool for students in tax courses who need the latest Code provisions, and it has served for decades as a useful tool for new hires and for firm-wide distribution.

Related Books:

• U.S. Master Tax Guide®, 2011
• ProSystem fx Tax: for U.S. Tax Returns

• U.S. INCOME TAX REGULATIONS, Winter 2011 Edition

   

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CCH Accounting for Income Taxes provides guidance on the application of Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 740, Income Taxes. It also addresses income tax-related paragraphs in certain other Codification topics, including Topic 805, Business Combinations, and Topic 980, Regulated Operations. This publication presents the authors’ interpretation on areas that have not been specifically addressed by the Codification or that require further explanation. The analysis in this publication is based on discussions with the staffs of the FASB and the Securities and Exchange Commission (SEC), combined with lessons learned from leading accounting practitioners.

Appendix I includes a series of interpretations of income tax-related paragraphs that are located in other topics in the Codification. Appendix II, "Index of Accounting Literature Cited," includes cross-references to the interpretations that either refer to or incorporate the pre-Codification authoritative pronouncement or interpretive literature, in whole or in part, that was not codified by the FASB into its Codification.  The FASB decided to exclude “nonessential material, such as redundant summaries of existing standards, historical content, discussions of previous practice, summaries of constituent feedback, and similar content; however, we believe such information may be useful to readers of this publication. Appendix III contains recent examples reflecting how various U.S. public entities have disclosed the information required by Topic 740.

Book is authored by Lead Author: Richard Petersen /Editorial Reviewing Author: Ronald G. Pippin.  

Publication Date

07/15/2010

Content and Topics

• Preface
• About The Authors

SECTION I: INTERPRETATIONS

• Paragraphs 1–2: Introduction
• Paragraphs 3–5: Scope
• Paragraphs 6–15: Objectives And Basic Principles
• Temporary Differences
• Paragraphs 16–34: Recognition And Measurement
• Annual Computation Of Deferred Tax Liabilities And Assets
• A Change In Valuation Allowance
• An Enacted Change In Tax Laws Or Rates
• A Change In The Tax Status Of An Enterprise
• Regulated Enterprises
• Business Combinations
• Opinion 23 And U.S. Steamship Enterprise
• Temporary Differences
• Paragraphs 35–39: Intraperiod Tax Allocation
• Certain Quasi Reorganizations
• Paragraph 40: Separate Financial Statements Of A Subsidiary
• Paragraphs 41–42: Financial Statement Presentation
• Paragraphs 43–49: Financial Statement Disclosure
• Paragraphs 50–59: Effective Date And Transition
• Prior Business Combinations
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Full Article

Available: November 2010

1040 Express Answers is a spiral bound quick-reference guide that will help you and your staff prepare 1040 tax returns quickly, easily and accurately - with practical, plain-English guidance that makes complex rules and exceptions easy to understand.

You'll benefit from...

• Form-oriented organization presented the way you work - line-by-line, right down the return.
• Plain English guidance, making the complex rules (and exceptions to the rules) easier to understand and apply.
• New rules and form changes highlighted, so you can ensure your clients take advantage of new law changes to maximize tax-saving opportunities and avoid pitfalls.
• Two-color format, making it fast and easy to find the information you need.
• Charts and tables summarizing important concepts, facts and figures to save you time when you need it most.
• Quick-reference icons which identify Cautions, Examples, Planning Pointers, and Gray Areas to alert you to must-know information.
• References to U.S. Master Tax Guide paragraphs, where you can find additional information on each topic.

With CCH's 1040 Express Answers, you'll speed through tax season, with concise and reliable answers right at your fingertips! 

1040 Express Answers includes one free copy of CCH's bonus Top Federal Tax Issues for 2011 Course, which examines the top new tax issues practitioners will face in the coming year (grading fee additional).

CONTENTS:
Tab 1        Form 1040
Tab 2        Schedules A and B
Tab 3        Schedules C, F and SE
Tab 4        Schedule D and Form 4797
Tab 5        Schedule E: PALs and At-Risk Rules
Tab 6        Form 2106
Tab 7        Form 4562: Depreciation
Tab 8        Cars and Listed Property
Tab 9        Social Security and Retirement Planning
Tab 10      Tax Credits and AMT
Tab 11      Estimated Payments/Penalties/Amended Returns
Tab 12      Tax Representation Issues and Filings
Tab 13      Family and Education
Tab 14      Estate Planning
Tab 15      State Tax Information
Tab 16      Developments and Planning Tools
Tab 17      Tax Tables
Tab 18      Index

Related Books:

• U.S. Master Tax Guide®, 2011
• ProSystem fx Tax: for U.S. Tax Returns
• INTERNAL REVENUE CODE: Income, Estate, Gift, Employment
• Full Article

Available: December 2010

Old depreciation systems do not die - or even fade away very fast. Businesses and the practitioners that serve them must operate with three coexisting depreciation systems -Modified Accelerated Cost Recovery System (MACRS), the Accelerated Cost Recovery System (ACRS) and the Treasury Department's Asset Depreciation System (ADR).CCH's U.S.

Master Depreciation Guide offers tax and accounting professionals who work with businesses a one-stop resource for guidance in understanding and applying the complex depreciation rules to their fixed assets. This area is especially challenging, because bits and pieces of applicable information must be gathered from a maze of Revenue Procedures, IRS Tables and IRS Regulations. These sources are frequently old and include some materials which may be non-applicable. This book pulls the pieces together, so practitioners can make sense of all the corresponding information and put the information into practice.

The U.S. Master Depreciation Guide includes several useful "quick reference tables." These include a list of trucks, SUVs, and vans that are exempt from the luxury car caps because they weigh more than 6,000 pounds, trucks with a bed-length under six feet which are subject to a $25,000 section 179 depreciation cap, a list of states that conform to the federal bonus depreciation and section 179 expensing rules, and a comprehensive table of assets and corresponding recovery periods with cross references to the location of the related U.S. Master Depreciation Guide explanation.

Published annually, this new edition is completely updated to reflect all depreciation rule changes through press time in December. A special Highlights section provides a quick overview of any new legislation, cases, rulings, and regulations occurring since last year's edition, with cross-references to the explanation paragraph in which they are reflected.

CONTENTS:

• Discussion of the historical background of depreciation and depreciation fundamentals.
• Coverage of :
  1. Modified Accelerated Cost Recovery System (MACRS), which was introduced by the Tax Reform Act of 1986, and is applicable to most tangible depreciable property in service after 1986;
  2. Accelerated Cost Recovery System (ACRS) introduced by the Economic Recovery Act of 1981;
  3. General rules for pre-1981 property;
  4. Asset Depreciation Range (ADR) system which dates back to 1971;
  5. Code Sec. 179 expensing rules; and
  6. Amortization of intangibles, including section 197 intangibles
• Listed property depreciation rules
• Depreciation of vehicles subject to "luxury" car caps
• Handling vehicle trade-ins, including luxury car caps and carryover basis
• Ve

  If you would like more details about this product, or would like to order a copy online, please click here.

  
  
  Full Article
  
  

Available: October 2010

This book is an indispensable resource for professionals who work with multiple state tax jurisdictions. This CCH "Master Guide" serves as a handy desktop reference containing concise explanations on major corporate tax issues that are readily accessible and easy to understand.  It's an excellent resource for quick answers to the most-asked questions and at-a-glance state-to-state comparisons.

The U.S. Master Multistate Corporate Tax Guide provides return preparation guidance for use by taxpayers subject to corporate income or income-based taxes in more than one state.  It provides an efficient means for practitioners to understand the rules and guidelines relevant to filing corporate income tax returns in all of the 47 states (plus New York City and the District of Columbia) that impose a corporate income tax or that impose a franchise or other tax (such as the Michigan Business Tax) at least partially measured by income. 

Key elements of this helpful and annually updated publication are:

CHARTS - designed to provide quick answers to the most often asked questions regarding state corporate income taxation. 

STATE BY STATE DISCUSSIONS - offer practical explanations of major corporate tax topics, including:

• Tax Rates
• Tax Credits
• Apportionment of Income
• Combined Reporting
• Consolidated Returns
• Nexus
• Net Operating Loss Carryforwards and Carrybacks
• Return Filing Requirements
• Alternative Minimum Taxes
• Treatment of Flow-through Entities

In addition, since most practitioners prepare federal forms first, easy access to state law differences makes filling out state returns easier. The Guide provides helpful comparisons of federal and state tax laws for each state. 

HIGHLIGHTS OF KEY NEW DEVELOPMENTS - presents a summary of key legislative and regulatory changes affecting state corporate income taxation during the previous year, so readers are aware of those developments and can respond accordingly when completing tax returns for the coming year.

Related Books:

• U.S. Master Tax Guide®, 2011
• ProSystem fx Tax: for U.S. Tax Returns
• INTERNAL REVENUE CODE: Income, Estate, Gift, Employment
• U.S. INCOME TAX REGULATIONS, Winter 2011 Edition  

If you would like more details about this product, or would like to order a copy online, please click here.

Available: December 2010

CCH's Income Tax Regulations reproduces the mammoth Treasury regulations that explain the IRS's position, prescribe operational rules, and provide the mechanics for compliance with the Internal Revenue Code.

CCH's federal tax regulations volumes include:

• Full text reproduction of the official text of the federal income tax regulations, including unemployment insurance regulations and all estate, gift, generation-skipping transfer tax, and special valuation regulations.
• All Proposed, Temporary and Final Income Tax Regulations, and Preambles to Proposed Regs.
• Helpful finding devices such as:
  • Topical Index to final, temporary and proposed regulations
  • Table of Irregularly Numbered Regulations that includes a summary description of such Regs and their page number
  • Table of Public Laws by number and title
  • Table of Regulations that do not reflect changes made by recently enacted public laws
  • Proposed Reg Preamble finder
  • Table of how to locate and identify Regulations.

This new edition will include all regulations issued through November 1, 2010 and will be available for shipping in December.

Related Books:

• U.S. Master Tax Guide®, 2011
• ProSystem fx Tax: for U.S. Tax Returns
• INTERNAL REVENUE CODE: Income, Estate, Gift, Employment

If you would like more details about this product, or would like to order a copy online, please click here.

Available: June 2011

Reproduces the mammoth Treasury regulations that explain the IRS's position, prescribe operational rules, and provide the mechanics for compliance with the Internal Revenue Code.

CCH's federal tax regulations volumes include:

• Full text reproduction of the official text of the federal income tax regulations, including unemployment insurance regulations and all estate, gift, generation-skipping transfer tax, and special valuation regulations.
  
• All Proposed, Temporary and Final Income Tax Regulations and Preambles to Proposed Regs.
  
• Helpful finding devices such as:
  
  
  • Topical Index to final, temporary and proposed regulations
    
  • Table of Irregularly Numbered Regulations that includes a summary description of such Regs and their page number
    
  • Table of Public Laws by number and title
    
  • Table of Regulations that do not reflect changes made by recently enacted public laws
    
  • Proposed Reg Preamble finder
    
  • Table of how to locate and identify Regulations.
    

Includes all income tax regulations issued through May 1, 2011.


Related titles:

U.S. Master Tax Guide®, 2011
ProSystem fx Tax: for U.S. Tax Returns

 

 

 

If you would like more details about this product, or would like to order a copy online, please click here.

Full Article

Available: July 2011

Authors: John C. Healy and Michael S. Schadewald

Focuses on new and emerging issues in state and local taxation (SALT).

Updates on Corporate income/franchise taxation as well as sales and use taxation.

• Part I—Multistate Corporate Income Taxes
• Part II—Sales and Use Taxation
• Part III—Streamlined Sales Tax
• Part IV—Tax Articles
• Appendix
• State Tax Department Directory
• State Internet Address Directory
• State Business Taxation Questionnaire (Abridged)

If you would like more details about this product, or would like to order a copy online, please click here.

Available: June 2011

Provides full, unabridged text of the complete Internal Revenue Code in two volumes. CCH offers this tax information in a timely and reliable manner that business and tax professionals have come to expect and appreciate. This Summer Edition of Internal Revenue Code reflects all new statutory tax changes through May 1, 2011

• Reader-friendly format
  
• Expanded page size and larger type fonts
  
• Two-volume format.

Reproduced is the complete Internal Revenue Code dealing with income, estate, gift, employment, and excise taxes, along with all the procedural and administrative provisions. Current text of the statutes is presented, and a history of each tax code section, or subsection if appropriate, is provided in the amendment notes. The amendment notes specifically identify the changes made by prior Acts and serve as a means of reconstructing the former text of a Code section or subsection if reference to prior law is required.

Related Books:

• U.S. Master Tax Guide®, 2011
• ProSystem fx Tax: for U.S. Tax Returns
• U.S. INCOME TAX REGULATIONS, Winter 2011 Edition

If you would like more details about this product, or would like to order a copy online, please click here.

Fast Answers to Your CPP and QPP Questions

Once again, we bring you a new 2011 edition of the popular Your Canada Pension Plan. This well-planned booklet reflects all amendments to date on the Canada Pension Plan. Written in plain language by pension experts, topics covered in this pocket-sized guide include:

• Pensions and Work After 65
• Retirement and Disability Pensions
• Old Age Security Pension
• Taxation of CPP/OAS Benefits
• And much more...

Designed to save you time and to ensure your employees are informed, features include a detailed Table of Contents and a comprehensive Index, providing you and your employees with easy access to answers to commonly asked questions.

Publication date: February, 2011

CUSTOMIZED BOOKLET COVER AND QUANTITY ORDERS
The reasonable price and important information provided in this booklet make it a time-saving, quick reference tool to distribute to employees throughout your company. For orders of 100 booklets or more, we can print customized covers that include your company logo at no extra cost. For pricing on custom covers and/or quantity orders, please contact your Account Manager at 1-866-850-7467.

Looking for information about the Quebec Pension Plan? Click here for more info.

If you would like more details about this product, or would like to order a copy online, please click here.

Fast Answers to Your CPP and QPP Questions

Once again, we bring you a new 2011 edition of the popular Your Québec Pension Plan. Written in plain language by pension experts, topics covered in this pocket-sized guide include:

• Pensions and Work After 65
• Retirement and Disability Pensions
• Old Age Security Pension
• Taxation of CPP/OAS Benefits
• And much more...

Designed to save you time and to ensure your employees are informed, features include a detailed Table of Contents and a comprehensive Index, providing you and your employees with easy access to answers to commonly asked questions.

Publication date: February, 2011

CUSTOMIZED BOOKLET COVER AND QUANTITY ORDERS
The reasonable price and important information provided in this booklet make it a time-saving, quick reference tool to distribute to employees throughout your company. For orders of 100 booklets or more, we can print customized covers that include your company logo at no extra cost. For pricing on custom covers and/or quantity orders, please contact your Account Manager at 1-866-850-7467.

Looking for information about the Canada Pension Plan? Click here for more info.

If you would like more details about this product, or would like to order a copy online, please click here.

HR Quick Facts 2011 will save you valuable time by putting the answers to HR questions at your fingertips!

The 2011 edition contains handy information including:

• Payroll Calendar, weeks are numbered to enable easy calculations
• EI/CPP/QPP/workers compensation tables
• Charts covering Federal and Provincial labour standards including maternity, parental and other leave regulations at a glance
• Statutory holiday and holiday pay regulations by province
• Hours of work and wage payment charts
• Personnel Records Retention Chart by Jurisdiction
• Prohibited Grounds of Discrimination
• Sources of Other Information - important web site addresses at a glance

Publication date: February 2011 5

If you would like more details about this product, or would like to order a copy online, please click here.