Search results for ""Author Ron E. Thompson""
American Bar Association The Business Tax Return Handbook, Fifth Edition
Learn how to extract key financial information in discovery with The Business Tax Return Handbook. A companion volume to bestselling 1040 Handbook, this is an invaluable tool for reviewing commercial business and professional practice returns to gather information and prepare a complete discovery plan for family law cases. A variety of hypothetical examples using business returns are used to illustrate points in the text, including the most common forms and schedules for partnerships, corporations, and unincorporated businesses.This line-by-line guide can be used as a complete introduction to the family law aspects of business tax returns or as a quick reference for lawyers who want to concentrate on particular areas of business taxation. The author discusses fundamental tax issues that impact on family law matters and offer comments to explain line items and statements for all four types of business tax returns. Topics covered include: Determining discretionary cash flow and salary information Using key business and tax terms Locating missing information Evaluating the fair market value of a business entity Developing a list of questions to ask Spotting reporting irregularities Common business fact patterns are accompanied by both explanation and commentary to assist in discovery. Covering many of the most common scenarios faced in family law cases, hypothetical tax returns are included for the following business types: Unincorporated business reported on Schedule C of the personal tax return Sole practitioner Business involved in product Partnership Real estate limited partnership Service-oriented business Corporate Service-oriented business ("loan-out corporation") C corporation for a business involved in product sales S corporation involved in product sales
£100.89
American Bar Association The 1040 Handbook: A Guide to Income and Asset Discovery, Eighth Edition
This one-of-a-kind resource explains how to use the 1040 return as a discovery tool in divorce cases -- in practice, not theory. Showing where to start a review of an individual's return and how to discover cash flow, the existence of assets and other valuables, The 1040 Handbook provides practical assistance for drafting a detailed and effective discovery plan for assets and income, personal as well as business. Using a hypothetical couple's 2020 tax return, The 1040 Handbook provides a line-by-line analysis of the federal tax form and its schedules to suggest appropriate areas of inquiry. Author Jack Zuckerman shows what each line reveals about a couple's assets and the income, and notes the clues that should be followed up on, the red flags to watch for, and the indications that additional key documents exist and should be obtained. It also discusses the important facts to gather during the initial client consultation and how the 1040 form can be used to: Draft a tentative list of assets Identify appropriate areas of inquiry Ask the appropriate questions Develop a list of additional documents to obtain Individual chapters cover the 1040's most commonly used schedules and forms, providing a clearly written discussion of each along with a sample form. In addition, this book offers a wealth of information on: Identifying income and assets Recognizing assets disguised as deductions Tip-offs to predivorce movement of assets Business expenses that could be considered income Deductions and assets that may be future tax liabilities IRAs and Keogh accounts And much more!
£88.06
