1. Current Updates. Quick tax facts and key figures for standard deduction amounts, exemptions and more. Master Tax Guide ®. Key Figures for the 2017 Tax Year.
2. Master Multistate Corporate Tax Guide (2016) (KF6465. (ABA) can review the proposed regulations and make comments and suggestions for changes.

1. Estate Tax Changes 2015

Life changes mean tax changes. EY's 2018 tax guide can help you file your tax return with confidence.

. The current residual income tax limit of $50,000 before use of money interest is imposed will be increased to $60,000, and this safe-harbour rule will be extended to non-individual taxpayers. Refer ¶22-352.

Estate Tax Changes 2015

Use of money interest will be removed for the first two provisional tax instalments for all taxpayers who use the standard (uplift) method to calculate and pay provisional tax. Refer ¶22-352. Contractors subject to the schedular payment rules will be able to elect their own withholding rate. The schedular payment rules will be extended to contractors that work for labour-hire firms. Contractors not covered by the schedular payment rules will be able to opt in to the rules with the consent of their payer. Refer ¶3-044. The 1% incremental late payment penalty will be removed from GST, provisional tax, income tax and working for families tax credit overpayments.

Refer ¶14-050. The Commissioner will be able to disclose tax debt information for the most serious cases of non-compliance to credit reporting agencies, and provide information to the Registrar of Companies in certain circumstances. Refer ¶1-630. The self-correction threshold for minor errors will be increased from $500 to $1,000. Refer ¶2-112, ¶4-090 and ¶32-074. The threshold for annual FBT returns will be increased from $500,000 to $1,000,000 of PAYE/ESCT.

Refer ¶21-145 and ¶21-150. Taxpayers will be able to choose whether to apply the existing 63-day rule for employee remuneration. Refer ¶3-015 and ¶10-292. The motor vehicle expenditure rules in subpart DE of the Income Tax Act 2007 will be extended to allow certain close companies to use the rules as an alternative to paying FBT. Refer ¶21-105.

A simplified method for the calculation of deductions for premises and vehicles that are used for dual purposes is being introduced. Refer ¶10-530 and ¶10-710. RWT exemption certificates will not need to be renewed annually. Refer ¶15-112.

Master Tax Guide (2016) (Currently Unavailable) Author: CPE Credit: 0 hour for CPAs The U.S. Master Tax Guide (2016) provides helpful and practical guidance on today's federal tax law. This 99th Edition reflects all pertinent federal taxation changes that affect 2015 returns and provides fast and reliable answers to tax questions affecting individuals and business income tax. Master Tax Guide contains timely and precise explanations of federal income taxes for individuals, partnerships, corporations, estates and trusts, as well as new rules established by key court decisions and the IRS. The Master Tax Guide's explanations are meticulously researched and footnoted to provide tax practitioners with the most accurate and legally sound guidance to help them understand, apply and comply with today's complex federal tax laws. For added value, the U.S.

Master Tax Guide is also annotated to CCH's Federal Standard Tax Reporter, Tax Research Consultant and Practical Tax Explanations for more advanced, detailed, historical and in-depth research resources. Master Tax Guide is built for speed with numerous time-saving features, including a tax calendar, lists of average itemized deductions, selected depreciation tables, rate tables, checklists of income, deduction and medical expense items, and more. These features help users quickly and easily determine how particular tax items and situations should be treated and provides quick and clear answers to client questions. Master Tax Guide comes complete with the popular Quick Tax Facts card that can be detached for at-a-glance reference to key tax figures and other often referenced amounts used in preparing 2015 income tax returns, and a special bonus CPE course supplement entitled 'Top Federal Tax Issues for 2016,' which focuses in on the most significant and thorniest new tax developments affecting practitioners for the year. The Top Federal Tax Issues Course allows professionals to earn CPE credit while keeping up-to-date on the most important tax issues (grading fee additional). Master Tax Guide is conveniently cross-referenced to the Internal Revenue Code, Income Tax Regulations, certain other important tax law sources, and CCH's Standard Federal Tax Reports for further research.

This reliable reference is a must for anyone involved with federal taxation. Master Tax Guide (2016) is now available in an eBook format which you can download to your computer instantly. Level Update Program Prerequisites Tax practitioners in public and private practice who need to identify and apply the basics and recent changes in the tax law and procedures. Advance Preparation None.