NOTE: ON DEC. 16, 2014, CONGRESS APPROVED THE RETROACTIVE EXTENSION OF ALL OF THE TAX BREAKS REFERRED TO AS "TAX EXTENDERS" IN THIS GUIDE. THE "TAX EXTENDERS" (SEE CHAPTER ONE) WERE ONLY EXTENDED THROUGH THE END OF THE 2014 TAX YEAR. This is only the second year that the “Elkins Comprehensive Tax Guide” has been offered, and the 2015 Edition is considerably improved over last year’s edition. First, it includes a new “Index,” and second, the contents are entirely cross-referenced to other pages in the Guide, making it more user friendly. Also, the 2015 Edition has been expanded (over 175 pages have been added) by including more subject matter, as well as more and clearer explanations and examples. However, with all these improvements, the authors' goal to make this Guide the easiest to use, most understandable tax reference available to anyone, including tax professionals, was not lost. The authors believe that the vast majority of the content meets the "understandable" goal for all readers. The Guide includes all of the "hot" tax topics from the "Affordable Care Act" and the "New Tangible Property and Repair Regulations," to the "Foreign Account Tax Compliance Act" (FATCA). The Guide follows the flow of a tax return, from filing status and requirements through tax credits. It contains detailed, clear discussions and examples on: taxable income; income exclusions; deductions in determining adjusted gross income; itemized deductions; employee travel and entertainment expenses; depreciation; and carrying on a trade or business as a sole proprietor, farmer, partnership, or S-Corporation. The Guide also provides discussions and examples needed to understand estate and trust income, the estate and gift tax, and the alternative minimum tax (AMT). It clearly explains how both the regular and refundable AMT tax credits work together, and differences between the two credits. All tax and compliance aspects of the "Affordable Care Act" (ACA) are discussed in easy to understand language, including: the 0.9% Medicare surtax; the 3.8% net investment income surtax; and the small business health care tax credit. All aspects of both the individual and employer mandates are discussed, including the shared responsibility payments (penalties), exemptions from having to have insurance coverage, premium tax credits, how to prove you have health insurance, how to figure the number of full-time equivalent employees (FTEs), and the ACA reporting requirements. The "New Tangible Property and Repair Regulations," which were finalized and went into effect on Jan. 1, 2014, are also included in the Guide. This law is very complex and has been interpreted in different ways. However, the discussions and examples included in this Guide clearly explain a complex law in a way that can be understood by most readers. Reporting foreign financial accounts and assets, as set-forth in FATCA, is America's new global initiative to fight offshore tax evasion by U.S. citizens. The Guide discusses how the law's agreements with foreign countries and registrations of foreign financial institutions have made the law a success by getting Americans with foreign bank accounts to come forward like never before. The IRS's Offshore Voluntary Disclosure Program (OVDP) and the "Streamlined Program" are both discussed as key provisions in getting taxpayers with offshore accounts to comply with reporting requirements. Other important information is provided regarding misclassifying workers as independent contractors instead of employees, and reasonable salaries of S-corporation shareholder-employees, both of which the IRS is currently focusing on. The authors' experience and knowledge of tax laws were used in compiling this Guide. Even though some IRS regulations and court cases are referred to in this Guide, the aim was to keep these references to a minimum; instead focusing on clear and understandable examples and explanations in plain language.

"About this title" may belong to another edition of this title.

Store Description

GreatBookPrices.com is your top source for finding new books at the absolute lowest prices, guaranteed ! We offer big discounts - everyday - on millions of titles in virtually any category, from Architecture to Zoology -- and everything in between. Discover great deals and super-savings, on professional books, text book titles, the newest computer guides, or your favorite fiction authors. You'll find it all - at HUGE SAVINGS - at GreatBookPrices. Browse through our complete online product catalog today. Serving customers around the world for years, we help thousands find just the books they're looking for -- at incredibly low, bargain prices.

Visit Seller's Storefront

Seller's business information

Far Corner Europe Limited
19-20 Bourne Court, 19-20 Bourne Court, Woodford Green, IG8 8HD, United Kingdom

Sale & Shipping Terms

Terms of Sale

Company Name: GreatBookPricesUK
Legal Entity: Far Corner Europe Limited
Address: 19-20 Bourne Court, Southend Road, Woodford Green Essex, UK IG8 8HD
Registration #: 10691061
Authorized representative: Danielle Hainsey

Right of withdrawal

If you are a consumer you can withdraw from the contract in accordance with the following. Consumer means any natural person who is acting for purposes which are outside his trade, business, craft or profession.

Information regarding the right of withdrawal

Statutory right to withdraw

You have the right to withdraw from this contract within 14 days without giving any reason.

The withdrawal period will expire after 14 days from the day on which you acquire, or a third party other than the carrier and indicated by you acquires, physical possession of the last good or the last lot or piece.

To exercise the right of withdrawal, electronically fill in and submit a clear statement on our website, under "My Purchases" in "My Account". We will communicate to you an acknowledgement of receipt of such a withdrawal on a durable medium (e.g. by e-mail) without delay.

To meet the withdrawal deadline, it is sufficient for you to send your communication concerning your exercise of the right of withdrawal before the withdrawal period has expired.

Effects of withdrawal

If you withdraw from this contract, we will reimburse to you all payments received from you, including the costs of delivery (except for the supplementary costs arising if you chose a type of delivery other than the least expensive type of standard delivery offered by us).

We may make a deduction from the reimbursement for loss in value of any goods supplied, if the loss is the result of unnecessary handling by you.

We will make the reimbursement without undue delay, and not later than 14 days after the day on which we are informed about your decision to withdraw from this contract.

We will make the reimbursement using the same means of payment as you used for the initial transaction, unless you have expressly agreed otherwise; in any event, you will not incur any fees as a result of such reimbursement.

We may withhold reimbursement until we have received the goods back, or you have supplied evidence of having sent back the goods, whichever is the earliest.

You shall send back the goods or hand them over to GreatBookPricesUK, Castle Donington, Derby, United Kingdom, without undue delay and in any event not later than 14 days from the day on which you communicate your withdrawal from this contract to us. The deadline is met if you send back the goods before the period of 14 days has expired. You will have to bear the direct cost of returning the goods. You are only liable for any diminished value of the goods resulting from the handling other than what is necessary to establish the nature, characteristics and functioning of the goods.

Exceptions to the right of withdrawal

The right of withdrawal does not apply to:

The delivery of newspapers, journals or magazines with the exception of subscription contracts; and
The supply of digital content which is not supplied on a tangible medium (e.g. on a CD or DVD) if you accepted when you placed your order that we could start to deliver it, and that you could not withdraw once delivery had started.

Shipping Terms

Our warehouses across the globe are fully operational without substantial delays. We are working hard and continue to overcome the daily challenges presented by COVID-19. There have been reports that delivery carriers are experiencing large delays resulting in longer than normal deliveries to customers. We would like to apologize in advance if your item arrives later than the expected delivery due date.

Internal processing of your order will take about 1-2 business days. Please allow an additional 4-14 business days for Royal Mail delivery.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	10 to 30 business days	10 to 27 business days
First item	� 15.00	� 15.00

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.

Detailed Seller Information