U.s. Master Tax Guidehardbound Edition (2015)

CCH's U. S. Master Tax Guide Hardbound Edition 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 explanation of federal income taxes for individuals, partnerships, corporations, estates and trusts, as well as new rules established by key court decisions and the IRS. Significant new tax developments are conveniently highlighted and concisely explained for quick reference and understanding. The 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. This guide is built for speed with numerous timesaving features, including a tax calendar, 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 answer client questions. U. S. Master Tax Guide comes complete with the popular Quick Tax Facts card that can be detached for ataglance reference to key tax figures and other often referenced amounts 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 Estates Exempt Organizations Income Exclusions from Income Business Expenses Nonbusiness Expenses Losses Depreciation, Amortization and Depletion Tax Credits Minimum Tax Tax Accounting Basis for Gain or Loss Sales and Exchanges Capital Gains Installment Sales Deferred Payment Sales Securities Transactions Tax Shelters AtRisk Rules Passive Losses Retirement and Benefits Corporate Acquisitions Reorganizations Liquidations Special Corporate Status Foreign Income and Transactions Returns Payment of Tax Withholding Estimated Taxes Examination of Returns Collection of Tax Penalties 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.