TFOG: IRS 1 New Rule - Guidance Regarding Treatment of Stock of a Controlled Corp under § 355 (a) (3) (b) , 2. Proposed Rule Corrections to § 6695 Preparer Penalties

Today from Our Government (TFOG):

1. New IRS Rule: Guidance Regarding Treatment of Stock of a Controlled Corp under § 355 (a) (3) (b)

2. Corrections to Proposed Rule under § 6695 Tax Preparer Penalties

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New IRS Rule Regarding Treatment of Stock of a Controlled Corporation Under § 335 (a)(3)(b)


Proposed Rules IRS Correction to Preparer Penalties under § 6695

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IRS Amendments to Acquisition Accounting via Rule Making 8/1/11 Eff 8/31/11 re Mergers and Acquisitions (M&A) + as corrected at 8/30/11 by IRS

On 8/1/11 the IRS Updated Tax rules pertanent to Acquisition Accounting Methods for Acquiring Corps (and subsequently corrected them on 8/30/11) the citations below capture the 8/31/11 effective updates to M&A Tax Basis Accounting for Aquisitions (as issued and as corrected). Both parts must be considered together for completeness and accuracy.

DCarsonCPA.com here to support your M&A and other business needs in Accounting, Taxation, Advisory and more, We are a practice built on hands on Financial Services and General Business expertise.

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CFR IRC 8-1-2011 Methods of Accounting for Acquisitions by Aquiring Corps Eff 8-31-11


CFR IRC Update 8-30-11 by IRS to Amend and Correct Accounting by Acquiring Corps Eff 8-31-11

How to be an Active Part of Tax Law & The Value of Cultural Diversity in Analytics.

This is the greatest time ever to be an interactive part of Our Democracy, technological advances have made it so possible to be a part of the activity, there is no reason not to stand for your better interests on Public Policy. The Policies we Focus on are the ones that impact you Financially. We aim to become a better part of keeping you in front of changes that matter. Our unique viewpoints and wide scope of awareness and knowledge is of benefit to many interests In Business and on the Individual level.

We are here for Financial Services and for General Business, we believe in finding the Best Value at the cross roads where the interests of Industries and Individuals meet. We are looking at the Picture from a Comprehensive perspective and benefiting from seeing the Picture in it's broadest spectrum. We can support your needs in English and in Spanish. Si se Quiere, hablaremos in Castellaño con gusto!.

While entering the theme of Linguisitics, we offer a shift in Focus to Culture and Analytics:

Diversity is a key to alternate view points and complimentary solutions approached from different angles, my favorite way to express this is that each and every language has its unique way of expressing ideas and hence solving problems. When we bring this diversity together we achieve the richness that is the Talent Pool we call the Melting Pot. Our greatest National advantage is our diversity and ability to be at the cross roads of modern society. In an anecdotal point on problem solving consider that in one language we may approach descriptions by stating what something is from the outside in, my example maybe not the best but here it is; An Apple Orchard, Many Trees, Paths, Green, Tree, Apples, Branches Stems (from the outward in in description), in the next language the way to explain this may be the reverse (from the inside outward) Branch Stems, Apples, Tree, Green, Paths, Apple Orchard because languages focus on different details - while my example is generic (and not emphasizing the different details) - you can take the meaning that the point of view and where you start in problem solving may lead you to different details on path to solutions - on teamwork this can be a great factor in benefit, and in the overall its how we all uniquely add value as individuals because there are Cultural Reference Frames, Linguistic Reference Frames and Individual (Unique Personality) reference frames and more advantages to be drawn upon.

We care about your Business, your Finances, the opportunities we share as a Nation and in the International Community and Focusing on bringing back strength to Our National Economy. While some of our thoughts and interests branch beyond the realm of Accounting, please remember that we are here for Business Consulting too and our ability to connect with ideas can add value to your Business in unexpected and positive ways. This happens in Accounting, Taxes, Financial Analysis, Regulatory work and Business Analysis - we have gained great abilities to find solutions to problems through our connection with Diversity and the related rich opportunity to see and experience different view points in Problem Solving. In all of our Problem Solving we are focused on Solutions that are in compliance with applicable Standards, Rules and Laws but our open viewpoint and Entrepreneurial approach adds additional value.

We are glad to be here for you with the opportunity to assist you on a wide range of Business and Individuals needs. We draw upon broad ranging experiences to bring you greater value.