Federal taxes and management decisions / Ray M.Sommerfeld
Imprint
Homewood, Ill : Irwin, 1987
Edition
1987-88 ed
Descript
xiv, 361p : ill ; 25 cm
CONTENT
The Income concept: general rules and common misconceptions -- Taxable entities -- Tax aspects of seleting a business form -- Accounting method options -- The Alternative minimun tax -- Special limitations on capital losses -- Special limitation on passive-activity losses -- Compensation considerations -- Tax factors in the acquisition, use, and disposition of fixed assets -- Nontaxable transactions -- Corporate reorganizations -- Common tax traps -- Family tax planning -- The taxing process