
Income Tax Planning - 16th Edition ISBN: 978-1-946711-23-6
Stay informed with the most up-to-date information! New content in this latest and greatest edition:
- All text, exhibits and examples updated with 2023 numbers.
- New section on income from crowdfunding and 1099-K reporting.
- New section on qualified charitable distributions from IRAs.
- Updated for the InflationReduction Act of 2022, including:
- Residential Clean Energy Credit
- Energy Efficient Home Improvement Credit
- Clean Vehicle Credit
- Credit for Previously-Owned Clean Vehicles
- Corporate AMT
- Updated for currently effective provisions of the SECURE 2.0 Act of 2022, including:
- 529 plan rollovers to Roth IRAs
- Increased age for beginning required distributions from IRAs and qualified plans
- Self-employed Roth SEP and SIMPLE elections
- New penalty exceptions for early distributions from IRAs and qualified plans
- Reduction of penalty for late required minimum distributions from IRAs and qualified plans
- Enhancements to Small Employer Pension Plan Start-up Costs Credit
This is just to name a few! Many more updates are included in the 16th edition!
How many Ph.Ds, JDs, CPAs, CFPs and CFAs does it take to write a really, really good text on income tax planning?
Two, two, two, three, and one, respectively. Plus, every one of the text’s authors has taught and practiced individual tax. That’s a lot of brainy, real-world perspective packed into one book. Anyone who reads this text will come away with the confidence of understanding the Form 1040 and knowing how to competently prepare a return.
Inside Income Tax Planning is the history of the income tax and the contribution to tax revenue from business, individual, employee and transfer taxes. Plus, the text’s presentation of The Triads of Tax actually makes it easy to understand the Internal Revenue Code.
This professional income tax planning perspective services multiple applications:
- In an income tax planning course as part of a comprehensive curriculum in financial management or financial management
- As a reliable and comprehensive reference for practicing financial professionals
- As the planning component in a Masters In Tax program
- Income Tax Planning also meets all of the educational requirements for an Income Tax Planning course in any CFP Board-registered program
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Table of Contents
- Chapter 1: Introduction to Income Tax Planning
- Chapter 2: Working with the Tax Law
- Chapter 3: Fundamentals of Income Taxation
- Chapter 4: Gross Income From Personal and Investment Activities
- Chapter 5: Gross Income from Employment
- Chapter 6: Introduction to Deductions
- Chapter 7: Below-the-Line Deductions
- Chapter 8: Other Deductions, Penalties, and Loss Disallowance
- Chapter 9: Tax Credits
- Chapter 10: Basis Rules, Depreciation, & Asset Categorization
- Chapter 11: The Taxation of Capital Assets
- Chapter 12: Business Assets
- Chapter 13: Nontaxable Exchanges
- Chapter 14: Passive Activity Rules
- Chapter 15: The Alternative Minimum Tax
- Chapter 16: Business Entity Selection and Taxation
For information regarding an earlier edition of this text, please e-mail your request to info@money-education.com
Print: $184.00