Professional Research
Tax Research:The IRC is comprised of thousands of pages and many sections are dependent on other sections. Researching your tax question in a systematic way can help you keep on track and avoid a lot of confusion.
Compliance Work - Finding the answer to a completed transaction is commonly referred to as "compliance work" and typically arise during the preparation of a tax return.
Tax Planning - Determining the tax consequence of transactions that have not yet been completed is called "tax planning." In planning situations, tax research is undertaken in order to find the "best" way to accomplish a desired result.
The topics presented here will help you approach your questions in a systematic manner as well as providing relevant authorities to back up your answers.
Case Law
- A complete listing of relevant court cases that can be cited as a primary authority...|continue to Case Law|
Revenue Rulings
- A complete list of relevant Revenue Rulings that apply to timberland ownership...|continue to Revenue Rulings|
Private Letter Rulings
- Internal Revenue rulings that deal with a specific question from an individual taxpayer...|continue to Private Letter Rulings|
Regulations
- Official interpretations of the Internal Revenue Code by the IRS...|continue to Regulations|
Internal Revenue Code
- Selected sections of the Internal Revenue Code that can be applied to timberlands...|continue Internal Revenue Code|
Public Laws
- Recent legislation signed into law that may directly or indirectly impact your timberland and the tax treatment of timber...|continue to Public Laws|
Research Process
- A process to help you focus on the "facts and circumstances" of your particular question(s) and determine the appropriate authority...|continue to Research Process|