Taxation for Decision Makers, 2012 Edition

Index

30-day and 90-day letters, 70

401(k) plans, 171–172

A

AAA (accumulated adjustments account), 450–451

Abandoned spouses, 489–490

Abandonments, 284

Accelerated Cost Recovery System (ACRS), 247–248

Acceleration election, 165–166

Accident and health insurance, 123–124, 153–154, 178

Accountable plans, 163

Accounting for income tax expense, 221–228

Accounting methods

Accrual method, 103–105

Cash method, 102–103

Completed contract method, 130–131

Hybrid method, 103

Installment method, 129–130

Percentage-of-completion method, 130–131

Accrual method of accounting, 103–105, 203–204

Accumulated adjustments account (AAA), 450–451

Accumulated earnings and profits (AE&P). See Earnings and profits (E&P)

Accumulated earnings tax (AET), 408

Acquiescence policy, 88

Acquisition in a taxable exchange, 250

Acquisitions. See Property acquisitions and cost recovery deductions; Reorganizations

Acquisitive reorganizations, 361–362, 374–377

ACRS (Accelerated Cost Recovery System), 247–248

Active participation, 458

Additional 30% bonus depreciation, 263

Additional 50% bonus depreciation, 263–264, 267

Additional standard deduction, 490–491

Adjusted basis, 10, 248–252

Adjusted gross income (AGI)

Deductions for, 12–15, 477–480

Deductions from, 12–15, 477–480

Adjusted ordinary gross income (AOGI), 408

Administrative sources of authority, 60–62

Adoption credit, 18, 508

ADS (alternative depreciation system), 259–260

AE&P (accumulated earnings and profits). See Earnings and profits (E&P)

AET (accumulated ...