Thomson Reuters just released the 50th anniversary issue of Practical Tax Strategies, one of the WG&L tax journals published by Thomson Reuters Checkpoint. The historic report is available in print, on the Checkpoint research platform, and on Thomson Reuters ProView for mobile devices.
The journal began as Taxation for Accountants in March 1966. In 1998, it merged with Taxation for Lawyers and was renamed Practical Tax Strategies.
“For 50 years, the journal has focused on providing practitioners and taxpayers with timely discussion of significant tax developments, practical analysis and tax-saving planning strategies,” said Elizabeth Feeley, editor of Practical Tax Strategies with the Tax & Accounting business of Thomson Reuters. “Articles and columns are written by top practitioners in all major areas of tax. These experts help readers determine practical strategies for achieving optimal tax results and satisfying statutory and regulatory compliance requirements with maximum efficiency.”
In addition to feature articles, every issue of Practical Tax Strategies includes practice questions and summaries of significant court cases and IRS rulings. The March issue provides the latest information on:
- Factors to consider when recharacterizing a Roth IRA.
- Tax planning for disabled individuals.
- Consequences of a technical termination of a partnership.
Upcoming issues will include articles on:
- Section 121 and gain exclusion opportunities on sale of principal residence.
- Representing a taxpayer who claims innocent spouse relief.
- Alternative minimum tax for individuals.
- Applicability to private equity funds of Section 2701 (special valuation rules for transfers of interests in corporations or partnerships).
The journal provides easy-to-read analysis and innovative planning strategies that can be used by the seasoned tax professional looking to expand his or her expertise, as well as non-tax practitioners in need of coherent explanations for complicated tax concepts and changes. Concise summaries of recent developments are arranged by subject areas and slice into the ever-changing tax scene.