Taxes Books

The recent history associated with the name "Arthur Andersen" might cause one to steer clear of this resource, but that would be a big mistake.

The Internal Revenue Service has made significant changes to regulations affecting nonprofits, shifting responsibility for compliance from the organization itself to the directors, staffs, and major donors as individuals. Most nonprofit board members and executives are only dimly aware of these changes, and fewer still are prepared with the documentation necessary to address issues of conflict of interest, private inurement, and disqualified persons.

One sentence from the book's introduction sums up the need for action: "The most important aspect of this legislation is that it empowers the IRS to impose punishment on individuals who violate the tax code by levying significant excise taxes initially and then more than quadrupling the penalty amount if remedy is not made to the [nonprofit] organization."

The solution, and the purpose of the book, is also summed up in one sentence in the introduction: "The key to protecting these organizations' officers and other interested parties from excise taxes is proper documentation."

The book is 3-ring bound and well-tabbed for easy reference and for copying of template forms and sheets that are included. In addition, the book ships with a companion PC diskette with forms in Microsoft Word 6.0/Word 95 format that should be usable by most current word processing programs.

This book is a valuable resource for nonprofit executives, consultants, attorneys, and others providing organizational development and counseling to nonprofits and charities.

The book does include examples and references to the health care field, but its content is equally applicable to all nonprofits.

The book's Table of Contents is as follows:

1. Overview of the Intermediate Sanctions Law 2. Establishing an Intermediate Sanctions Review Process 3. Disqualified Persons Determination 4. Diagnostic Review for Disqualified Persons 5. Diagnostic Review for Organization Manager Liability 6. Examining Revenue-Sharing Transactions 7. Rebuttable Presumption of Reasonableness

Appendices

-- Intermediate Sanctions Law -- Excerpt from House Ways and Means Committee Report on Taxpayer Bill of Rights 2 -- Intermediate Sanctions Proposed Regulations -- IRS Model Conflicts of Interest Policy

Some of the information in this book is now quite outdated (1990s) but there are indeed golden nuggets and general pearls of wisdom in this book. I think the author should come out with a revised edition for 2008. I'd definitely buy the revised book!

This book can serve as an introduction to taxes as related to real-estate transactions. It is a quick and easy read, and seems to be targeted at the least sophisticated possible investor. It does a good job of explaining the major points of the new tax laws, and is filled with short examples. (In my opinion, at least half the examples are so simple that they should be eliminated, for they illustrate nothing beyond what can be said in a single simple sentence). However, any slightly sophisticated investor will need more than this book can offer. The strategies offered are seldom beyond the obvious and unattractive ones (e.g. move into your intended for-sale property 2 years before selling, then do that over and over). In short, an easy read as an introduction, but leaves you wanting more.

of American politics as we now know them today. After you read this book, you will understand what a republican is and a democrat is. It deeply explains what has happened to the minorities in our country and does make a good arguement how the 1964 Civil Right Act has been the catalyst to the current situation we have today. This book has made me more politically aware then ever before, and aided me in making a more educated decision of where I stand on the political continuim. This is an undervalued book on the market today, and is a great bargain for the knowledge it will give you of contemporary America.

This is an excellent beginning or introduction to this little known topic. You can read the book in virtually one sitting. Too bad there were very few examples given on how these CRTs work. But the author does an excellent job of presenting the topic in small bites. This is especially beneficial for those who have no knowledge at all of this topic. I hope someone takes up the challenge to write a longer book on CRTs with lots of examples. I highly recommend this book.

This book was a helpful guide for figuring out some of the many nuances of the tax laws associated with working abroad.

We ordered the book to answer ministerial-specific questions concerning housing allowance, medical reimbursement, income vs. social security taxation, gifts vs. salary, etc. This book addressed every single issue. In addition, it even included invaluable sample minutes that can be adopted by the church to set up a tax-deductible health or reimbursement plans. The Fringe Benefit Chart put all the information onto one easy-to-read page.

The book explained how to accurately fill out IRS tax forms with existing data. It is written as a workbook where you investigate one specific topic at a time, not a book that you would read cover-to-cover. The "big picture" is sometimes lost in the details.

I would have liked to see more "suggestions" or "tax hints" about how to set up a good compensation plan. I yearned for an appendix that would take a couple common situations and explain the "big picture" by specifing how the compensation could be designated, including what church actions (minutes) and accounting records would have to be kept to make all this legal.

I would highly recommend this book as a technical resource if you plan to do your own taxes.

As the French monarchy began to implement "absolutist" policies, the pays d'etat, provinces with their own representative Estates which handled tax collection, were a barrier to crown policy. Hickey's book considers the implementation of "absolutism" in Dauphine, and shows how, ultimately, it wasn't crown policy but instead the inability of provincial factions to agree that brought about a restructuring of the tax system, the great herald of "absolutist" government. This is a difficult book, and requires some level of knowledge of what was involved with "absolutist" government and how French taxation worked, but it is an important work in considering "absolutist" government in provincial France.

This guide provides most of the nesscesary tools and tips to start your own horse business. Providing information that allows one to confidently pursue this venture. This book gave me the confidence to proceed with my business knowing all the facts up front. It allowed me to handle purchases and tax formalities without feeling like I didn't know what I was doing. Great starter book! I have read "starting you own horse business" by Mary Ashby Mcdonald. While her book is informative and gives examples not covered in the previous book, it serves basically to complement other books on this issue.

The world of investing is so complicated. Especially trying to figure out total return and whta makes sense on an after tax basis. This book does it all. It also gave me new idea's that I had not been aware of, such as Tax Credit investments.