1993

TOPICS:

All articles written by Robert W. Wood (unless otherwise noted)

 

 

TAXATION OF DAMAGE AWARDS

 

Controversy Surrounds Taxation of Discrimination Recoveries, Vol. 1, No. 1, BNA Employment Discrimination Report (October 27, 1993), p. 27.

In the Interest of Taxation, The Recorder (September 13, 1993), p. 8.

Basing Recovery Upon Available Remedies, The Recorder (September 7, 1993), p. 16.

Taxing Advanced Costs, The Recorder (August 3, 1993), p. 8.

The Punitive Damages Controversy Continues, Vol. 26, No. 5, Practical Accountant (May 1993), p. 53.

Untangling The Taxation of Workplace Winnings, The Recorder (April 7, 1993), p. 10.

 

 

 

MERGERS AND ACQUISITIONS

 

Recapture Exception Available for S Corporation Shareholders, Bulletin 9, Vol. 9, No. 9, S Corporations (December 8, 1993), p. 4.

Tax Court Decision Underscores Importance of Basis Records Regarding S Corporation Stock and Debt, Bulletin 9, Vol. 9, No. 9, S Corporations (December 8, 1993), p. 4.

IRS Takes Hard Line in Another Revenue Ruling on Qualified Subchapter S Trusts, Bulletin 9, Vol. 9, No. 9, S Corporations (December 8, 1993), p. 3.

Don’t Forget Estimated Tax Rates, Bulletin 9, Vol. 9, No. 9, S Corporations (December 8, 1993), p. 2.

Newly Proposed Reform Bill Brightens Prospects for S Corporations, Bulletin 9, Vol. 9, No. 9, S Corporations (December 8, 1993), p. 1.

New FASB Proposal May Impair Public Offerings, by Robert Willens and Robert W. Wood, Vol. 2, No. 5, The M&A Tax Report (December 1993), p. 4.

Intangibles Settlements: Clearing Up the Pre-Section 197 Backlog, Vol. 2, No. 5, The M&A Tax Report (December 1993), p. 5.

Hedging Your Bets Against Anticipated FASB Options Changes, Vol. 2, No. 5, The M&A Tax Report (December 1993) p. 6.

Election to Distribute S Corporation’s Earnings and Profits May Be Revoked, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 7.

S Corporation May Be Donor for Charitable Remainder Unitrust, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 7.

New Jersey Enacts S Legislation, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 6.

Grantor of Trust Treated as Owner, So Trust Is a Permitted S Corporation Shareholder, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 5.

Woe to the Filer of an Incomplete S Election!, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 4.

Massachusetts S Corporation Allowed to Carry Over NOL, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 4.

Dividends-Received Deduction for Dividends From Foreign Sales Corporations Not Applicable to S Corporations, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 3.

Consider Year-End S Corporation Planning Under the New Law, Bulletin 8, Vol. 9, No. 8, S Corporations (November 10, 1993), p. 1.

New Temp. Regs. Favor Hedges, Vol. 2, No. 4, The M&A Tax Report (November 1993), p. 1.

Will the $1 Million Cap on Compensation Pose Problems?, Vol. 2, No. 4, The M&A Tax Report (November 1993), p. 6.

S Corporation Revision Legislation: What Might Happen?, Bulletin 7, Vol. 9, No. 7, S Corporations (October 14, 1993), p. 4.

Who Can Execute a Consent to Extend the Statute of Limitations for an S Corporation?, Bulletin 7, Vol. 9, No. 7, S Corporations (October 14, 1993), p. 3.

Interest on Tax Deficiencies Is Deductible Only Below the Line, Bulletin 7, Vol. 9, No. 7, S Corporations (October 14, 1993), p. 3.

Woe Unto You If You Fail to File Your S Election: Courts Reject ‘Equitable Relief’, Bulletin 7, Vol. 9, No. 7, S Corporations (October 14, 1993), p. 2.

The Old Partnership vs. S Corporation Debate: Enter IRC § 1244 Stock, Bulletin 7, Vol. 9, No. 7, S Corporations (October 14, 1993), p. 1.

Like Soda for Chocolate: Dr. Pepper Poison Pill Plan Fights Cadbury, Vol. 2, No. 3, The M&A Tax Report (October 1993), p. 1.

Uniroyal (and Other) Buyouts: Revisiting the Step-Transaction Doctrine, Vol. 2, No. 3, The M&A Tax Report (October 1993), p. 3.

Harcourt, Cyanamid, Ethyl Contemplate Spins, Vol. 2, No. 3, The M&A Tax Report (October 1993), p. 6.

Rulings Address Dividend Treatment of Boot in Reorgs., Vol. 2, No. 3, The M&A Tax Report (October 1993), p. 7.

LIFO Recapture Rules and S Corporations, Bulletin 6, Vol. 9, No. 6, S Corporations (September 15, 1993), p. 3.

Crummey Trusts and S Corporations, Bulletin 6, Vol. 9, No. 6, S Corporations (September 15, 1993), p. 2.

Evaluating S Corporation Status vs. C Corporation Status After the 1993 Tax Act, Bulletin 6, Vol. 9, No. 6, S Corporations (September 15, 1993), p. 1.

Ninth Circuit Takes Hard Line on Built-In Deductions, Vol. 2, No. 2, The M&A Tax Report (September 1993), p. 3.

RRA ’93 Hastens Death Knell for Bankrupt Corporations, Vol. 2, No. 2, The M&A Tax Report (September 1993), p. 5.

From the Bookshelf Mergers & Acquisitions: A Valuation Handbook, Vol. 2, No. 2, The M&A Tax Report (September 1993), p. 6.

Intangibles Amortization Passes Amid Rate Increases, Vol. 2, No. 2, The M&A Tax Report (September 1993), p. 7.

Section 382(1)(5) Prop. Regs. Broaden Relief, Vol. 2, No. 2, The M&A Tax Report (September 1993), p. 8.

Reasonable Compensation Cases on the Rise Again?, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 4.

Tax Benefit Rule Requires S Corp Shareholder to Include Income When C Corp Benefitted, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 3.

More Passive Investment Income Authorities, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 3.

Substantial Compliance With S Election Filing Requirements: What You Can Get Away With and Why You Shouldn’t Try, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 2.

Proposal Would Allow S Corporation Stock to Be Held by Charities, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 2.

Pass-Through Loss Denied Because Debt Was Characterized As the Corporation’s Rather Than the Shareholder’s, Bulletin 5, Vol. 9, No. 5, S Corporations (August 11, 1993), p. 1.

Hedging Your Bets? Tax Court Blesses Fannie Mae, Vol. 2, No. 1, The M&A Tax Report (August 1993), p. 1.

Built-in Gains Regs. Hearings Reap AICPA Comments, Vol. 1, No. 12, The M&A Tax Report (August 1993), p. 3.

Inadvertent Terminations by the Bushel!, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 4.

Eleventh Circuit Decides There Is No Exception to Unified Litigation Procedures for S Corporations, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 4.

IRS Rules Split-Dollar Insurance Arrangement Does Not Violate One-Class-of-Stock Rules, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 3.

Do Not Forget: IRS Cannot Be an S Corporation Shareholder, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 3.

S Corporation Item Deficiency Not Dischargeable in Bankruptcy, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 3.

S Corporation Legislation on the Horizon, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 2.

Rental Activities: What’s Active and What’s Not?, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 2.

AICPA Comments on Built-In Gain Proposed Regulations, Bulletin 4, Vol. 9, No. 4, S Corporations (July 14, 1993), p. 1.

Corporate Opportunity Doctrine Raises Tax, Ethical Issues, Vol. 1, No. 12, The M&A Tax Report (July 1993), p. 1.

Asbestos Abatement and Other INDOPCO Problems, Vol. 1 No. 12, The M&A Tax Report (July 1993), p. 7.

Tax-Free S Corporation Separations, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 4.

Revisiting the Tax Rules for a Shareholder’s Departure From An S Corporation, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 3.

Liquidations of S Corporations — The Hidden Traps, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 2.

Forgot to Make Your S Election? Tax Court Holds It Is Mandatory for S Treatment, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 2.

Another Unified S Corporation Audit Procedure Case, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 2.

Ordinary Loss Treatment for Nonbusiness Bad Debt Not Available, Bulletin 3, Vol. 9, No. 3, S Corporations (June 17, 1993), p. 1.

Additional Compensation Held Excess Parachute Payments in Balch, Vol. 1, No. 11, The M&A Tax Report (June 1993), p. 1.

Prudential, Allergan, and Tokos Medical Adopt Poison Pill Plans, Vol. 1, No. 11, The M&A Tax Report (June 1993), p. 6.

IRS Permits Intangible’s Depreciation, Vol. 1, No. 11, The M&A Tax Report (June 1993), p. 8.

Nightmare Come True: What If Your S Election Was Never Received?, Bulletin 2, Vol. 9, No. 2, S Corporations (May 12, 1993), p. 4.

S Corporation Shareholder Deemed a Partner in a Partnership, Bulletin 2, Vol. 9, No. 2, S Corporations (May 12, 1993), p. 4.

Mississippi Enacts New S Legislation, Bulletin 2, Vol. 9, No. 2, S Corporations (May 12, 1993), p. 2.

Shareholder Loan Terms Must Be Clear to Avoid Income, Bulletin 2, Vol. 9, No. 2, S Corporations (May 12, 1993), p. 2.

QSST Rules Strictly Construed in New Revenue Ruling, Bulletin 2, Vol. 9, No. 2, S Corporations (May 12, 1993), p. 1.

Bump-and-Strip Regs. Finalized, Vol. 1, No. 10, The M&A Tax Report (May 1993), p. 3.

Availability of Section 355 Rulings Further Curtailed, Vol. 1, No. 10, The M&A Tax Report (May 1993), p. 6.

Problems With Repaying ESOP Loans, Vol. 1 No. 10, The M&A Tax Report (May 1993).

Proposed Roll-Up Legislation Sparks Interest, Vol. 1, No. 10, The M&A Tax Report (May 1993), p. 8.

No Second Class of Stock Caused by Shareholder Agreement, Bulletin 1, Vol. 9, No. 1, S Corporations (April 20, 1993), p. 4.

IRC § 179 Expense Rules Require Attention, Bulletin 1, Vol. 9, No. 1, S Corporations (April 20, 1993), p. 4.

Reminder: Estimated Tax Payment Requirements For S Corporations Now Raised to 97%, Bulletin 1, Vol. 9, No. 1, S Corporations (April 20, 1993), p. 4.

Loan Guarantee Equals Basis’ Argument Defeated Again, Bulletin 1, Vol. 9, No. 1, S Corporations (April 20, 1993), p. 2.

S Corporations Still Attractive Despite President’s Plans, Bulletin 1, Vol. 9, No. 1, S Corporations (April 20, 1993), p. 1.

Regs Block Avoidance of General Utilities Repeal, Vol. 26, No. 4, Practical Accountant (April 1993), p. 55.

LBO Loan Fees KO’d in Kroy, Vol. 1, No. 9, The M&A Tax Report (April 1993), p. 4.

More on Partnerships to Avoid General Utilities Repeal, Vol. 1, No. 9, The M&A Tax Report (April 1993), p. 5.

Tax Court Rejects Sweep of Golden Parachute Provisions in Powell, Vol. 1, No. 9, The M&A Tax Report (April 1993), p. 6.

Can RJR Nabisco’s New Stock Disarm Section 355?, Vol. 1, No. 9, The M&A Tax Report (April 1993), p. 7.

More Spins to Win, Vol. 1, No. 9, The M&A Tax Report (April 1993), p. 8.

Partnerships Can Include S Corporations, Bulletin 15, Vol. 8, No. 15, S Corporations (March 10, 1993), p. 4.

Trust Powers of Administration May Be Critical to Qualifying for S Status, Bulletin 15, Vol. 8, No. 15, S Corporations (March 10, 1993), p. 3.

A Reminder About Health Insurance Premiums Paid by an S Corporation for a More-Than-2% Shareholder, Bulletin 15, Vol. 8, No. 15, S Corporations (March 10, 1993), p. 2.

IRS Rules on Proper Treatment of Shareholder’s S Corporation Losses, Bulletin 15, Vol. 8, No. 15, S Corporations (March 10, 1993), p. 1.

More Ways to Save with ESOP Rollovers, Vol. 1, No. 8, The M&A Tax Report (March 1993), p. 6.

Rash of Spinoffs Continues, Vol. 1, No. 8, The M&A Tax Report (March 1993), p. 7.

Closing-of-Books Election Sparks Interest, Vol. 1, No. 8, The M&A Tax Report (March 1993), p. 7.

Strict Compliance Not Needed to Treat an S Corporation’s Tax Year as Two Years, Bulletin 14, Vol. 8, No. 14, S Corporations (February 10, 1993), p. 3.

Trust for Children of Resident Alien Is a Permitted S Shareholder, Bulletin 14, Vol. 8, No. 14, S Corporations (February 10, 1993), p. 3.

Consent Not Required for S Corporation to Change to Calendar Year, Bulletin 14, Vol. 8, No. 14, S Corporations (February 10, 1993), p. 2.

Should You Claim a Refund of the Built-In Gain Tax?, Bulletin 14, Vol. 8, No. 14, S Corporations (February 10, 1993), p. 2.

Supreme Court Decides Statue of Limitations Case, Bulletin 14, Vol. 8, No. 14, S Corporations (February 10, 1993), p. 1.

Prop. Regs. Address Use of Partnerships to Avoid General Utilities Doctrine Repeal, Vol. 1, No. 7, The M&A Tax Report (February 1993), p. 1.

Split-Dollar Insurance Arrangement for Key Employees Does Not Violate One-Class-of-Stock Rule, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 5.

Do the New Passive Investment Income Definitions Give You a Refund Claim?, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 4.

More Inadvertent Termination Rulings, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 3.

With the IRS Win the Statute of Limitations Controversy for S Corporations?, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 3.

S Status Will Still Be Attractive If Tax Rates Increase, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 2.

Final Regs on Election and Termination Of S Status and Passive Investment Income, Bulletin 13, Vol. 8, No. 13, S Corporations (January 29, 1993), p. 1.

Built-In Gains Prop. Regs. Offer Relief, Vol. 1, No. 6, The M&A Tax Report (January 1993), p. 1.

Prop. Regs. Withdrawn on Information Returns for Acquisitions, Vol. 1, No. 6, The M&A Tax Report (January 1993), p. 7.

One More Word: Section 355 and Business Purpose, Vol. 1, No. 6, The M&A Tax Report (January 1993), p. 8.

Current Trends and Transactions, Vol. 6, PLI Tax Strategies for Corporate Acquisitions, Dispositions, Financings, Joint Ventures, Reorganizations, and Restructurings 1993 (1993), p. 523.

 

MISCELLANEOUS

 

More Home Office Cases Heighten Confusion, Vol. 21, No. 1, Journal of Real Estate Taxation (Fall 1993), p. 88.

Factual Flitches Affect Viability of Home Office Deductions After Soliman, Vol. 20, No. 4, Journal of Real Estate Taxation (Summer 1993), p. 370.

Home-Office Deductions Still Alive After Soliman, Vol. 26, No. 4, Practical Accountant (April 1993), p. 32.

Supreme Court in Soliman Just Says “No” to Home Office Deductions, Vol. 11, No. 3, Real Estate Tax Digest (March 1993), p. 61.

Tax Provisions of the Energy Bill, Vol. 11, No. 1, Real Estate Tax Digest (January 1993), p. 3.

Charitable Contributions of Property: Scenic and Conservation Easements: The Continuing Saga, Vol. 20, Journal of Real Estate Taxation (Winter 1993), p. 196.

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