Federal Income Taxes

Federal Income Taxes

Examine this entry’s resource and reference tools for detailed analysis on federal income taxes. Lawi gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading coverage of federal income taxes includes tax benefit, assignment of income, basis, gross income, and more to help you reduce research time and improve your best practices. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments. You’ll also get , , and .

Alternative Minimum Tax| Bankruptcy| Choice of Entity and Entity Classification| Consolidated Returns| Credits and Incentives for Federal Taxes| Debt Instruments| Estimated Tax| Federal Tax Deductions| Financial Instruments| Gross Income| Income Tax Law| Intangible Property| Liabilities| Losses| Marriage and Divorce| Natural Resources| Refunds| Related Parties| Tax Shelters

Federal Tax Credits and Incentives

The main entry offers comprehensive coverage of every major aspect of credits and incentives for federal taxes, including alternative minimum tax credits, basis recovery, credit provisions, limitations, and restrictions, economically distressed areas, and more. Also included are the following topics:

Bond Credits| Economically Distressed Areas| Energy Credits| Family Credits| Farming and Ranching| Film Production Credits| Gas, Oil, and Coal Credits| General Business Credit| Investment Credits| Low-Income Housing and Rehabilitation Credits| Oil and Coal Credits| Research and Development Credits| Vehicle Credits

Alternative Minimum Tax

Access This section’s on alternative minimum tax (AMT). Find practical research on alternative minimum tax topics, such as legislation before and after the Taxpayer Relief Act of 1997, computation of AMTI, MACRS property depreciated and not depreciated, use of nonrefundable credits against regular tax, minimum tax credits, and more. Examine This section’s detailed federal tax analysis, , to help you with any tax transaction.

Bankruptcy Tax

Find the in-depth analysis, , , and you need on bankruptcy from a federal tax perspective. Lawi offers several resources that provide insights on new policies and developments concerning federal tax issues arising in bankruptcy, including insolvency, receivership proceedings, restructuring of financially troubled businesses, cancellation of indebtedness, and more. Our team of leading practitioners gives you timely updates on best practices, and our materials , and to help you deal with any transaction.

Choice of Entity and Entity Classification

Find the in-depth analysis, , , and you need on federal tax considerations in the choice of entity form and the federal tax classification of entities. This section offers several resources that provide insights on new policies and developments concerning every facet of the “check-the-box” regulations, tax considerations that need to be balanced when creating a new entity, limited liability companies as compared to other entities, disregarded entities, and more. Our team of leading practitioners gives you timely updates on best practices, and our materials , and to fully equip you to deal with any transaction.

Consolidated Returns

Turn to This section’s resource and reference tools for detailed analysis and on consolidated returns. Lawi gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading coverage of consolidated returns includes thorough discussion of eligibility to file, investment adjustments, intercompany transactions, limitations on losses, and more to help you reduce research time and improve your best practices. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments. You’ll also get , and .

Debt Instruments

This section’s unparalleled analysis of debt instruments enables you to receive a more in-depth understanding of existing and forthcoming federal taxation policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major federal tax-related aspect of debt instruments, including below-market interest rate loans, bonds, VRDI, variable rate debt instruments, DEFRA, and more. Also included are , and to fully equip you to deal with any transaction.

Estimated Tax

This section’s unparalleled analysis of federal estimated tax enables you to receive a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major aspect of estimated tax, including trusts and estates, taxable income, depreciation and amortization, tax-exempt organizations, and more. Also included are , and to fully equip you to deal with any transaction.

Federal Tax Credits and Incentives

This section’s unparalleled analysis of federal tax credits and incentives gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major aspect of credits and incentives for federal taxes, including alternative minimum tax credits, basis recovery, credit provisions, limitations, and restrictions, economically distressed areas, and more. Also included are , and to fully equip you to deal with any transaction.

This area covers the following topics: Bond Credits| Economically Distressed Areas| Energy Credits| Family Credits| Farming and Ranching| Film Production Credits| Gas, Oil, and Coal Credits| General Business Credit| Investment Credits| Low-Income Housing and Rehabilitation Credits| Oil and Coal Credits| Research and Development Credits| Vehicle Credits

Federal Tax Deductions

This section is your trusted source for detailed analysis and insights on federal tax deductions. This includes analysis and compliance on every aspect of federal tax deductions, including itemized deductions, at-risk rules, charitable contributions, bad debts, and more. It covers the following topics:

Alimony| Bad Debts| Bribes and Kickbacks| Charitable Contributions| Dependency Exemptions| Depreciation| Dividends| Domestic Production Deduction| Educational Expenses| Equipment Leasing| Housing| Interest Expenses| Legal and Law Fees| Limitations| Lobbying and Political Expenditures| Medical Expenses| Moving Expenses| Penalties| Research and Development Expenses| Start-Up Expenditures| State and Local Taxes| Trade or Business Expenses

See more in federal tax deductions.

Financial Instruments Tax

This section is your trusted source for detailed analysis and insights on federal taxation of financial instruments. Our renowned Portfolios — written by leading practitioners — provide you with key analysis and compliance on every aspect of federal taxation of financial instruments, including derivatives, wash sales, constructive sales, constructive ownership provisions, straddles, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & law topics and transactions. Consult , to see why tens of thousands of practitioners rely on LAWI for exceptional tax and law .

Gross Income Tax

Examine this section’s on gross income tax transactions and topics. Find practical research on gross income tax topics, such as imputed income, tax-deferred income, recapture income, the timing of income, the form of receipt, pass-through rules, foreign issues, compensation income, trade or business income, investment income, personal transactions, miscellaneous transactions, and more. Access this section’s detailed federal tax analysis, , to help you with any tax transaction.

Income Tax Law

Turn to this section’s resource and reference tools for detailed analysis and on income tax law. Lawi gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading coverage of income tax law includes law methods, method changes, and periods; 482 allocations; inventories, long-term contracts, and uniform capitalization rules; and more to help you reduce research time and improve your best practices. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments. You’ll also get , and .

Intangible Property Tax

This section’s unparalleled analysis of intangible property from a federal income tax perspective gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major aspect of intangible property, including copyrights, franchises, patents, trademarks, and more. Also included are , and to fully equip you to deal with any transaction. They include Software and Stock.

Losses Federal Tax

Find the in-depth analysis, , , and you need on losses from a federal income tax perspective. This section offers a number of resources that provide insights on new policies and developments concerning every facet of losses, including casualty losses, capital losses, dual consolidated losses, net operating losses (NOLs), and more. Our team of leading practitioners gives you timely updates on best practices, and our materials , and to fully equip you to deal with any transaction.

Marriage and Divorce Tax

This section’s unparalleled analysis of marriage and divorce from a federal tax perspective gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major tax aspect associated with marriage and divorce, including alimony, child support, transfers between spouses or incident to divorce, separation, and more. Also included are , and to fully equip you to deal with any transaction.

Child Support| Divorce and Separation| Joint Tenancies| Marital Agreements

Child Support Federal Tax

Consult this section’s on federal tax transactions and topics concerning child support. Find practical federal tax research on child support topics, such as The Lester Rule, divorce and separation, Section 71, contingency involving the child, and more. Access this section’s detailed analysis, , to help you with any transaction.

Divorce and Separation Federal Tax

This section is your trusted source for detailed analysis and insights on federal tax transactions and topics related to divorce and separation. Our renowned Portfolios — written by leading practitioners — provide you with key tax analysis and compliance on every aspect of divorce and separation, including alimony, child support, transfers between spouses or incident to divorce, dependency exemptions, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax & law topics and transactions. Examine , to see why tens of thousands of practitioners rely on LAWI for exceptional tax and law .

Joint Tenancies Federal Tax

This section’s unparalleled analysis of joint tenancies gives you a more in-depth understanding of existing and forthcoming federal tax policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our materials offer comprehensive coverage of every major federal tax aspect of joint tenancies, including contractual ownership arrangements, jointly held property, estate taxation, income tax basis rules, and more. Also included are , and to fully equip you to deal with any transaction.

Marital Agreements Federal Tax

This section is your trusted source for detailed analysis and insights on federal tax transactions and topics related to marital agreements. Our renowned Portfolios — written by leading practitioners — provide you with key analysis and compliance on every federal tax aspect of marital agreements, including premarital agreements and postmarital amendments, UPAA, marital rights, domestic partnership, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax law topics and transactions. Consult , to see why tens of thousands of practitioners rely on LAWI for exceptional tax and law .

Natural Resources Tax

Examine this section’s resource and reference tools for detailed federal tax analysis and on natural resources. LAWI gives you expert-written, in-depth analysis, real-life scenarios and examples, working documents, and much more. Our leading coverage of tax-related transactions and topics with natural resources includes mineral properties, oil and gas property, exploration and development, timber, and more. Our team of practitioners — leading experts in their respective fields — gives you timely updates on the latest developments to help you reduce research time and improve your best practices. You’ll also get , and .

Mineral Property| Oil and Gas| Timber

Mineral Property Federal Tax

Access this section’s on federal tax transactions and topics concerning mineral properties. Find practical federal tax research on mineral property topics, such as exploration and development, mining, coal and iron ore, gas and oil, and more. Consult this section’s detailed analysis, , to help you with any transaction.

Oil and Gas Federal Tax

Find the in-depth analysis, , , and you need federal tax transactions and topics concerning the oil and gas industries. This section offers a number of resources that provide insights on new federal tax policies and developments affecting oil and gas companies, including drilling, minerals, geological and geophysical costs, Section 199, and more. Our team of leading practitioners gives you timely updates on best practices, and our materials , and to fully equip you to deal with any transaction.

Timber Federal Tax

This section’s unparalleled analysis of federal transactions and topics related to timbering gives you a more in-depth understanding of existing and forthcoming policies and developments. Practitioners will find in-depth interpretations along with practical approaches based on real-world scenarios. Our content offers comprehensive coverage of every major federal tax aspect of timbering, including reforestation, fair market value, disposition, timber harvest, and more. Also included are , and to fully equip you to deal with any transaction.

Federal Tax Refunds

This section is your trusted source for detailed analysis and insights on federal income tax refunds. Our renowned Portfolios — written by leading practitioners — provide you with key analysis and compliance on every aspect of federal tax refunds, including overpayments, adjustments, claims, suits, and more. Our experts give you real-world business scenarios providing best practices and alternative approaches to tax law topics and transactions. Examine to , to see why tens of thousands of practitioners rely on LAWI for exceptional tax and law .

Related Parties Income Tax

Access this section’s on income tax transactions and topics concerning related parties. Find practical research on related parties’ tax transactions, such as Section 267 definitions of related parties, impact of other sections in the Internal Revenue Code (IRC) on deductions, deduction deferrals, applicability of losses, and more. Consult this section’s detailed federal tax analysis, , to help you with any tax transaction.

Tax Shelters

Examine this section’s expert-written analysis and examination on Tax Shelters and related topics.

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