Detailed analysis. Introduction Taxable year defined Required taxable years 52-53-week years Adoption of an initial taxable year Change of taxable year and retention of taxable year Short-period taxable year Final taxable year Working papers.
" ... discusses the tax considerations when a taxpayer adopts, or changes to, a particular taxable year. Liability for federal income tax is determinable only with reference to a taxable year. Sections 441, 442, 443, and their regulations, as well as a series of comprehensive IRS Revenue Procedures, establish the basic framework for selecting and changing taxable years. In addition, Congress has adopted a number of Code provisions restricting the taxable years available to many taxpayers. These provisions serve to eliminate perceived abusive discrepancies between entities' taxable years and their owners' taxable years."
Published: Washington, D.C., 2006-2007. Title from title screen (viewed Sept. 24, 2012).
Bibliography, etc. Note
Includes bibliographical references.
System Details Note
Mode of access: World Wide Web.