565
Showing 17–18 of 18 results
-
IRS Schedule UTP – Eliminating uncertainty is the best strategy
August / September 2011
Newsletter: Public Company Insights
Price: $225.00, Subscriber Price: $157.50
Word count: 565
Abstract: Large companies are required to report any uncertain tax positions (UTPs) on their federal return, and many smaller companies soon will be, as well. This article discusses the reporting requirements of IRS Form 1120, Schedule UTP, along with strategies that companies with UTPs should consider to eliminate the uncertainty.
-
Should your business own real estate too? Probably not
Winter 2009
Newsletter: Management & Tax Concepts
Price: $225.00, Subscriber Price: $157.50
Word count: 565
Abstract: Many business owners own not only typical business assets, but also the land on which the building and parking lot sit—and possibly other real estate as well. But there can be negative consequences when a business’s real estate is included in its general corporate assets. For example, your business could be liable for injuries suffered on the property or, vice versa, legal liabilities encountered by the corporation could affect your ownership of the property. By holding real estate in a separate entity, you’ll reap some tax advantages and be able to pursue more real estate ownership options without affecting your core business. This article takes a closer look.