02
Nov
Wealthy shipping magnate John Urich had established a trust to care for his disabled wife in the event of his death. Urich’s CPA, Greg Roberts, provided tax and investment advisory services to Urich, while the trust department of Commercial Fiduciary Bank provided trustee services.
31
Aug
Alert Communicating and Documenting Options toTPR
Communicating and Documenting Options to TPR Clients
28
Aug
Alert — Final Tangible Property Regulations Require Filing Application for Change in Accounting Method for 2014 Tax Year (Revised Feb. 17, 2015)
Background
In September 2013, the IRS issued final tangible property regulations addressing the capitalization and depreciation of capital expenditures, treatment of materials and supplies, and disposition of tangible depreciable property. The regulations are applicable to tax years beginning on or after January 1, 2014, and to some extent may be applied retroactively to taxable years beginning on or after January 1, 2012.