Pearson’s Federal Taxation 2019 Corporations, Partnerships, Estates & Trusts

Pearson’s Federal Taxation 2019 Corporations, Partnerships, Estates & Trusts By Thomas R. Pope; Timothy J. Rupert; Kenneth E. Anderson

Print ISBN: 9780134739694, 0134739698

eText ISBN: 9780134692654, 0134692659

By: Thomas R. Pope; Timothy J. Rupert; Kenneth E. Anderson

Publisher: Pearson

Print ISBN: 9780134739694, 0134739698

eText ISBN: 9780134692654, 0134692659

Edition: 32nd

Copyright year: 2019

New to this Edition

INDIVIDUALS

• Complete updating of the chapter material for rhe provisions in the Tax Curs and Jobs Acr of 2017 affecring individual taxpayers,

including an explanation of rhe new rules and the related implications of rhe following items:

• Reduction in marginal rax rares

• Elimination of personal and dependency exemptions

• Changes in the deducrabi liry of stare and local raxes and casualry losses

• Elimination of miscellaneous itemized deductions

• Changes ro the a lternative minimum tax

• Increase in rhe child rax credit

• Complete updating of sign ificanr court cases and IRS rul ings and procedures duri ng 2017 and early 2018

• All rax rare schedules have been updated to reflect the rates a nd inflat ion adjusrmenrs for 2018

• Whenever new updates become available, they will be accessi ble via Mylab Accounring

• Updat ing of the end-of-chapter rax return problems to 2017 (2017 tax forms are included because the 2018 rax forms were nor available

when th is edition wenr to prim), bur also including a supplemenral expla nation for each rax rerurn problem of how the solut ion

will change for the 2018 tax year given rhe provisions of rhe Tax Curs and Jobs Act.

CORPORATIONS

• Complete updating of the chapter material for the provisions in rhe Tax Curs and Jobs Acr of 2017 affecring corporations and ocher

enriries, including an explanation of the new ru les and the related implications of the following items:

• Reduced corporate tax rare

• Qualified business income deduction

• New limirarions on inreresr, business losses, and NOLs

• New ru les for rhe taxation of inrernarional transactions

• The comprehensive corporate tax return, Problem C:3-65, has all new numbers for rhe 2017 forms

• The comprehensive parrnersh ip rax rerurn, Problem C:9-58, has a ll new numbers for the 2017 forms

• The comprehensiveS corporat ion rax rerurn, Problem C:1 1-62, has all new numbers for rhe 2017 forms

• All rax rare schedules have been updated to reflect the rates a nd inflat ion adjusrmenrs for 2018

• Whenever new updates become available, rhey will be accessible via My lab Accounring