Page 173 - TaxAdviser_2022

TOPICAL CONTENTS

CORPORATIONS &
SHAREHOLDERS

7 A resurgence of the accumulated
earnings tax?

FOREIGN INCOME PRACTICE &
& TAXPAYERS PROCEDURES
16 Puerto Rico residents: Scope of 22 IRS to permit reliance on frequently
income tax exemption for capital gains asked questions
36 Tips for working effectively
GAINS & LOSSES with the IRS
TOP LEFT: IMAGE BY ZENTILIA/ISTOCK; BOTTOM LEFT: PHOTO BY NOPADOL UENGBUNCHOO/ISTOCK; TOP RIGHT: PHOTO BY NAPA74/ISTOCK;
19 Cryptoassets: How should proof-of-
stake rewards be taxed? PROCEDURE &
ADMINISTRATION
CREDITS AGAINST TAX GROSS INCOME 34 IRS Wealth Squad
44 Accountant’s errors are not
42 Illegal tax shelter seller finds no
10 An early 21st century history of IRS shelter in stock forfeiture provision reasonable cause for late filing
efforts to police the R&D credit
STATE & LOCAL TAXES
EXCISE TAXES PERSONAL FINANCIAL 23 North Carolina’s recent tax reform

MIDDLE BOTTOM: IMAGE BY OLIVIER LE MOAL/ISTOCK; BOTTOM RIGHT: PHOTO BY PILAT666/ISTOCK
12 Reinstatement of the Superfund PLANNING through S.B. 105
excise tax 26 How an HSA can be viewed as
a flexible tax-favored investment
EXEMPT ORGANIZATIONS
15 Sales tax considerations for exempt
organizations

TAX ACCOUNTING
38 Making tax-free distributions
to the extent of AAA

Opinions expressed in The Tax Adviser are those of the individual writers and may differ from policies of the American Institute
of Certified Public Accountants, the Tax Division, or its other divisions and committees. This publication is designed to provide
accurate and authoritative information on the subjects covered. It is sold, however, with the understanding that the publisher,
editors, and authors are not engaged in rendering legal, accounting, or other professional service. If specific tax advice or
other expert assistance is required, the services of a competent professional person should be sought. The information in this
publication is not intended or written to be used as, and cannot be used as or considered to be, written tax advice, and should
not be relied on for the purpose of (1) avoiding tax-related penalties under the Internal Revenue Code or (2) promoting, marketing,
or recommending to another party any transaction or tax-related matter(s) addressed herein, for IRS audit, tax dispute, or other
purposes. The contents of The Tax Adviser are indexed in ProQuest Accounting & Tax, a product of ProQuest, available online,
www.proquest.com.

www.thetaxadviser.com April 2022 3