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April 10, 2014
Tax Insider
  IN THIS ISSUE:   > Articles   > Special Sponsored Section   > News   > CPA News to Know   > Webcasts   > Video  
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Taxing fantasy sports
By David Baldwin, CPA, and Donald J. Zidik Jr., CPA
How should the fantasy sports player report income and expenses?
Left behind: Expired individual tax provisions
By Annette Nellen, Esq., CPA
About a dozen individual income tax provisions have expired or are expiring in the near future. What should be their fate?
A quick checklist for your "Nanny Tax" clients
Sponsored by Care.com
By using this checklist during the year, you can help your families avoid expensive, time-consuming employment mistakes, and ensure that you're not wasting time dealing with last-minute fixes.
2013 Individual Tax Returns Videocourse
AICPA's Annual Tax Update
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Special Sponsored Section
How confident are you in your corporate tax strategy?
Sponsored by BNA Software
Four professionals discuss whether it may be time to transform the tax department. Register to download the free white paper and learn more.
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Trust materially participated in real estate business
The Tax Court rejected an IRS argument that "personal services" performed in real estate activities must be performed by an individual, not a trust.
The Supreme Court rules severance payments are subject to FICA
The 8–0 decision overturns the Sixth Circuit holding in the case and denies over $1 million in FICA tax refunds to Quality Stores and thousands of its terminated employees.
AICPA recommends changes to net investment income tax rules
The AICPA submitted a comment letter to the IRS recommending a number of changes to the Sec. 1411 regulations on the application of the net investment income tax to charitable remainder trusts, when final regulations are issued.
Gambler's luck turns in second trip to Tax Court
Because losses from gambling not pursued as a trade or business are limited to the amount of winnings, the taxpayer could not deduct all her losses and had to report her gambling activity on Schedule A, Itemized Deductions.
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Good Ideas  CGMA Magazine Update—free signup
CPA News to Know
1 10 tips for last-minute tax filers
1 Taxpayers can claim typhoon relief charitable contributions on 2013 returns for donations made up to April 14
1 IRS clarifies: Electronic signatures permitted for Form 8879
1 New guidance clarifies tax treatment of bitcoin and other virtual currencies
1 IRS will follow the Tax Court on one-IRA-rollover rule
1 Abuse victims who file separate returns are eligible for premium tax credit
1 Plan administrators can assume certain rollovers are valid
1 Final rules issued on employment tax responsibilities of designated payer agents
1 AICPA recommends changes to House education credit bill
Upcoming AICPA Webcasts
  April 23 Advanced Tax Quarterly: Review the Principles of Transfer Pricing
  April 24 Tax Power Hour: Annual Tax Season Debrief
  April 25 Social Security and Medicare: Maximizing Retirement Benefits
  May 7 State Tax Issues Facing Small and Mid-Sized Businesses
    View webcast calendar
Building customer relationships through Big Data
Dominic Ortiz, CPA, CGMA, explains how Big Data helps his business tailor customers' experiences.

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