Tax-Retail Allowances - PAY NOW OR DEFER - A recent EITF decision reasoned cooperative advertising generally should be deferred in inventory. Here's a guide to compliance. For tax preparers with retail clients.

Tax - DIVORCE AGREEMENT LANGUAGE - With divorce commonplace, CPAs must understand the details and unique vocabulary of alimony, qualified domestic relations orders and dependency exemptions so they can interpret the language in divorce documents, take defensible tax-return positions and suggest wording that will best protect their clients' interests.

Maples, Larry, (2004)

ACCOUNTING - Deducting the costs of implementing a new information system despite IRS objections

Maples, Larry, (2001)

The CPA Journal Millennium Series - The Letter of Credit: Some Tax Implications - A letter of credit is often used when purchasing and importing products from a foreign vendor but is also used to stay assessment and collection of a court decision. The tax aspects of letters of credit are manifold; most significantly, the use of an L-C affects the timing of income and deductions. Both cash and ...

Fesler, R.Dan, (1999)