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Michael Gray, CPA
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The updated version of our Real Estate Tax Handbook is now on sale on our website for 25% off!
Real Estate Tax Handbook, 2018 Edition
Real Estate Tax Handbook, 2018 Edition
siliconvalleypublishingcompany.com
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* Related party Section 1031 exchange wasn't "spoiled" by subsequent nonrecognition transactions.
* Taxpayer denied worthlessness loss for partnership interests.
* Long term lease didn't qualify for a charitable contribution of a façade easement.
* IRS blocks state workarounds for federal deduction limit.
* Real Estate Developer denied deduction for his yacht
* Proposed regulations issued for bonus depreciation.
* IRS Voluntary Annual Filing Season Program upheld.
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* Court withdraws Altera ruling.
* Automatic extensions for information returns limited.
* IRS issues draft 2019 Form W-4.
* IRS blocks state workarounds for federal deduction limit.
* Section 83(b) election doesn’t work for regular tax for ISOs.
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* Last chance to "undo" a Roth conversion.
* IRS blocks state workarounds for federal deduction limit.
* Real Estate Developer denied deduction for his yacht
* IRS Voluntary Annual Filing Season Program upheld.
* Taxpayer's charitable contribution scheme fails.
* Proposed regulations issued for bonus depreciation.
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The August issue of Michael Gray, CPA's Tax & Business Insight is now available online with:

* U.S. Supreme Court sales tax is good news for "bricks and mortar" stores, bad news for online businesses.
* More health insurance options for industry groups.
* IRS issues draft "postcard" Form 1040.
* Deduction for consulting fees disallowed.
* IRS wasn't prevented from assessing a penalty.
* S Shareholder couldn't claim a corporate credit.
* Taxes must be withheld for IRA funding transferred to unclaimed property fund.
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Michael Gray, CPA's Real Estate Tax Letter has finally been posted to our website for August! Some of the topics included are:

* IRS issues proposed regulations for 20% deduction for business income.
* More tax cuts?
* Unilateral capital gains tax cut?
* California employers won't pay FUTA "credit reduction" for 2018.
* LLCs don't qualify for privacy protection.
* Home office deduction denied for storing records in a garage.

Click the link below to read the articles!
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