Page 224 - TaxAdviser_2022

TAX CLINIC
Practical advice on current issues.
Editor:
Kevin Anderson, CPA, J.D.
Unless otherwise noted, contributors
are members of or associated with
BDO USA LLP.
For additional information
about these items, contact
Mr. Anderson at 202-644-5413
or kdanderson@bdo.com.
6 May 2022
In This Department
CREDITS AGAINST TAX S CORPORATIONS
Maximizing the benefits of general Tax planning and considerations:
business tax credits; p. 7. S corporation targets; p. 19.
FOREIGN INCOME & Trusts as S corporation
TAXPAYERS shareholders; p. 21.
Considerations for multinationals
with US and Maltese operations; STATE & LOCAL TAXES
p. 10. Cryptoasset transactions: State
corporate income tax implications;
Customs duty refunds on transfer- p. 23.
pricing adjustments; p. 14.
State tax considerations around
Differences between transfer the sale of a partnership interest;
pricing and financial reporting p. 25.
valuations; p. 16.
TAX ACCOUNTING
New accounting method change
procedures issued for small
business taxpayers; p. 27.
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The Tax Adviser