- Withholding and Estimated Taxes.
- Returns and Payment of Tax.
- Penalties and Interest.
- Depreciation, Amortization and Depletion.
- Tax Accounting.
The U.S. Master Tax Guide provides helpful and practical guidance
on today's federal tax law. This 98th Edition reflects all
pertinent federal taxation changes that affect 2014 returns and
provides fast and reliable answers to tax questions affecting
individuals and business income tax. The U.S. Master Tax Guide
contains timely and precise explanations of federal income taxes
for individuals, partnerships, corporations, estates and trusts,
as well as new rules established by key court decisions and the
IRS. The Master Tax Guide's explanations are meticulously
researched and footnoted to provide tax practitioners with the
most accurate and legally sound guidance to help them understand,
apply and comply with today's complex federal tax laws. For added
value, the U.S. Master Tax Guide is also annotated to CCH's
Federal Standard Tax Reporter, Tax Research Consultant and
Practical Tax Explanations for more advanced, detailed,
historical and indepth research resources. The U.S. Master Tax
Guide is built for speed with numerous timesaving features,
including a tax , lists of average itemized deductions,
selected depreciation tables, rate tables, checklists of income,
deduction and medical expense items, and more. These features
help users quickly and easily determine how particular tax items
and situations should be treated and provides quick and clear
answers to client questions. MTG comes complete with the popular
Quick Tax Facts card that can be detached for ataglance reference
to key tax figures and other often referenced as used in
preparing 2014 income tax returns, and a special bonus CPE course
supplement entitled ""Top Federal Tax Issues for 2015,"" which
focuses in on the most significant and thorniest new tax
developments affecting practitioners for the year. The Top
Federal Tax Issues Course allows professionals to earn CPE credit
while keeping uptodate on the most important tax issues (grading
fee additional). The 2015 U.S. Master Tax Guide's updated
explanations cover: Highlights of New Tax Developments Tax Rates
and Tax Tables Individuals Corporations S Corporations
Partnerships Trusts and Estates Exempt Organizations Income
Exclusions from Income Business Expenses NonBusiness Expenses
Losses and Bad Debt Depreciation, Amortization and Depletion Tax
Credits Minimum Tax Tax Accounting Basis for Gain or Loss Sales,
Exchanges and Capital Gains Installment Sales/Deferred Payment
Sales Securities Transactions Tax Shelters/AtRisk Rules/Passive
Losses Retirement Plans Corporate Acquisitions/Reorganizations
Taxation of Foreign Activities/Taxpayers Returns and Payment of
Tax Withholding and Estimated Taxes Examination of Returns
Collection of Tax Penalties and Interest Estate, Gift and
GenerationSkipping Tax The U.S. Master Tax Guide is conveniently
crossreferenced to the Internal Revenue Code, Income Tax
Regulations, certain other important tax law sources, and CCH's
Standard Federal Tax Reports for further research. This reliable
reference is a must for anyone involved with federal taxation.