• Technical Questions - FAQ
  

• Estate and Trusts
• Q:  Self Employment Taxes on Executors, Trustees, and Directors   -  Are Self Employment Taxes (Social Security Taxes) Assessable on Executors, Trustees, or Directors Fees?
• Q:  Trust Fund Designation Rules  -  Who and when are employees or company officials responcible to payroll tax liabilities?  
• Q:  Gifts to Spouse - Qualified Terminal Interest Property QTIP  - What is a QTIP, how does it work, what are the essential elements of such as trust?
• Q:  What is the most dangerious and common estate tax planning trap? 
  
• Q:  Cure failure to make timely reverse QTIP election  - If a reverse QTIP election was not made on form 706 to absorb the unused portion of the $1,000,000 Generation Skipping Tax exemption, can this problem be cured after the death of the second to die (death of surviving spouse)? 
  
• Q:  Reimbursement of federal estate tax by independent trustees  -  Does an estate have a right to be reimbursed for Federal Estate Taxes attributable to the portion of the gross taxable estate from trust sources (QTIP Trust for example) for which the executor can not control disbursement?

• State of New Hampshire
• Q:  Trucking nexus  -  Do out of state trucking activities cause a business to be subject to the income taxes in Mass?
  
• Q:  Creating a New Hampshire Limited Liability Company  -  What are the advantages and disadvantages of LLCs and how would one set up a NH LLC for their business?
• Q:  State of New Hampshire Education Property Tax  -  What are the key provisions to the April 29, 1999 NH Bill enacting for the first time a State wide property tax assessment? (Notation, tax rate has since been reduced.)
  

• Generally Accepted Accounting Principles (GAAP)
• Q:  Sarbanes-Oxley Act of 2002 - Searchable and bookmarked pdf document of Public Law 107-204, July 30, 2002.
  
• Q:  Topic: FAS 109, Accounting for income taxes in consolidation  -  What are the consolidated deferred income tax assets and liabilities for the a theoretical balance sheet?
• Q:   FAS 124 - Are Realized Gains Still Applicable to Not-For-Profit Entities in a FMV Accounting Model?

• General Taxation
• Q:  How did you prepare my tax return?
• Q:  Issues relating to Taxation of Subchapter T Cooperatives  -  What are some considerations relating to organizing an entity as a cooperative under Subchapter T of the Internal Revenue Code of 1986?
• Q:  Tax Basis of inherited and gifted property  - Is it true that if I gift low basis assets, like stock I bought in 1960, to a terminally ill person and he or she then Wills the items back to me, that such inherited property that I receive will be granted a tax cost basis equal to the fair market value on the date of death and that upon sale of that property at that price I will not have any capital gain taxes to pay? 
• Q:  Gift Tax Planning Techniques  - Why is there an annual gift tax exclusion?  Why does the government impose a gift tax?  Does a gift of any interest in property qualify for the annual exclusion?  What type of gifts are excluded from gift tax?
• Q:  Sec. 125 Cafeteria Plans  - What is a Cafeteria Plan?  What IRS or DOL filings are required?
  

• Other Matters
• Q:  Record Retention  -  Records should be preserved for only as long as they serve a useful purpose or until all legal requirements are met.
• Q:  Personal Goodwill   -  In marital dissolutions, how does the valuation of a privately held company and the determination of alimony result in double benefits to the so called non-monied spouse?
• Q:  IRS Employees - Termination Act and Omissions  -  What 10 acts or omissions result in the termination of IRS employee?
• Q:  Dual State Residency and Sale of Principal Residence Home  - Can married taxpayers qualify for the exclusion from gross income of the gain from the sale of a principal residence, when one of the taxpayers is a resident of one state and the spouse is a resident of another state?
• Q:  Open Letters Regarding Enron   - Open Letters Regarding Enron, its Auditors and the AICPA in General
• Attack on Accounting Profession, i.e. Enron
• PCPS Communications on Enron
• XYZ Credential - Global Accreditation
• SEC Public Oversight Board of the AICPA Peer Review Program

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