Category: Federal Tax Law

  • Health Savings Accounts

    Health Savings Accounts (HSAs) Treasury March 30, 2004 Guidance on Health Savings Accounts (HSAs) Today the Treasury Department and the IRS issued additional guidance on Health Savings Accounts (HSAs). The guidance clarifies the types of preventive care that can be provided under a high […]

  • Federal Tax Deductions

    Federal Tax Deductions This entry provide you with analysis and compliance guidance on every aspect of federal tax deductions, including itemized deductions, at-risk rules, charitable contributions, bad debts, and more. This area includes the following topics: Alimony| Bad Debts| Bribes and Kickbacks| Charitable Contributions| Dependency Exemptions| Depreciation| Dividends| Domestic Production Deduction| Educational Expenses| Equipment Leasing|…

  • Federal Tax Credits

    Federal Tax Credits This entry offers 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. Bond Tax Credits This section is based on detailed federal tax analysis and insights on bond credits. It covers the…

  • 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…

  • IRS Documents

    IRS Documents Officially Published IRS Documents The Internal Revenue Bulletin/Cumulative Bulletin The IRS produces many documents, most of which are published in the weekly Internal Revenue Bulletin (IRB). The IRB has four main parts: the Code (which includes revenue rulings, final regulations, and Supreme Court tax decisions relating to the provisions of the IRC); Treaties…

  • Tax Treaties

    Tax Treaties If a taxpayer has ties to both the United States and another country, or is a resident of a foreign country, you should determine whether any tax treaties apply. Tax treaties between countries, also referred to as tax conventions, seek to eliminate or reduce double taxation. If the taxpayer determines that a treaty…

  • Legislative Process

    Legislative Process For information about the legislative process for general bills, see here. Visit also the bills platform of the legal encyclopedia. Learn more about the legislative history here, about the documents that make up the legislative history of a statute, including bills, committee reports, hearings, and floor debates in the legislative process. About the…

  • Federal Tax Law Research

    Federal Tax Law Research Introduction Federal tax law research can be very complex for the tax law researcher because of the numerous primary and secondary sources available. Its tax law research may start with tax looseleaf services, legal tax encyclopedias, federal tax laws, regulations and cases, as well as other primary materials that are issued…

  • Actions on Decisions

    Actions on Decisions The Concept of Actions on Decisions It is the policy of the Internal Revenue Service to announce at an early date whether it will follow the holdings in certain cases. An Action on Decision is the document making such an announcement. An Action on Decision will be issued at the discretion of…

  • Revenue Rulings

    Revenue Rulings Overview A revenue ruling is an official interpretation by the IRS of the Internal Revenue Code, related statutes, tax treaties and regulations. It is the conclusion of the IRS on how the law is applied to a specific set of facts. Revenue rulings are published in the Internal Revenue Bulletin for the information…