{"product_id":"the-business-tax-return-handbook-fifth-edition-9781639053445","title":"The Business Tax Return Handbook, Fifth Edition","description":"\u003cp\u003eLearn how to extract key financial information in discovery with \u003cem\u003eThe Business Tax Return Handbook\u003c\/em\u003e. A companion volume to bestselling \u003cem\u003e1040 Handbook\u003c\/em\u003e, this is an invaluable tool for reviewing commercial business and professional practice returns to gather information and prepare a complete discovery plan for family law cases. A variety of hypothetical examples using business returns are used to illustrate points in the text, including the most common forms and schedules for partnerships, corporations, and unincorporated businesses.\u003c\/p\u003e \u003cp\u003eThis line-by-line guide can be used as a complete introduction to the family law aspects of business tax returns or as a quick reference for lawyers who want to concentrate on particular areas of business taxation. The author discusses fundamental tax issues that impact on family law matters and offer comments to explain line items and statements for all four types of business tax returns. Topics covered include: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eDetermining discretionary cash flow and salary information\u003c\/li\u003e \u003cli\u003eUsing key business and tax terms\u003c\/li\u003e \u003cli\u003eLocating missing information\u003c\/li\u003e \u003cli\u003eEvaluating the fair market value of a business entity\u003c\/li\u003e \u003cli\u003eDeveloping a list of questions to ask\u003c\/li\u003e \u003cli\u003eSpotting reporting irregularities\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eCommon business fact patterns are accompanied by both explanation and commentary to assist in discovery. Covering many of the most common scenarios faced in family law cases, hypothetical tax returns are included for the following business types: \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cstrong\u003eUnincorporated business reported on Schedule C of the personal tax return\u003c\/strong\u003e \u003cul\u003e \u003cli\u003eSole practitioner\u003c\/li\u003e \u003cli\u003eBusiness involved in product\u003c\/li\u003e\n\u003c\/ul\u003e\u003cstrong\u003ePartnership\u003c\/strong\u003e \u003cul\u003e \u003cli\u003eReal estate limited partnership\u003c\/li\u003e \u003cli\u003eService-oriented business\u003c\/li\u003e\n\u003c\/ul\u003e\u003cstrong\u003eCorporate\u003c\/strong\u003e \u003cul\u003e \u003cli\u003eService-oriented business (\"loan-out corporation\")\u003c\/li\u003e \u003cli\u003eC corporation for a business involved in product sales\u003c\/li\u003e \u003cli\u003eS corporation involved in product sales\u003c\/li\u003e\n\u003c\/ul\u003e\u003cbr\u003e","brand":"American Bar Association","offers":[{"title":"Default Title","offer_id":50869176074514,"sku":"9781639053445","price":104.99,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0831\/4771\/8930\/files\/img_6396c3f5-af1a-4a16-8b42-14b8014a12fb.jpg?v=1737748772","url":"https:\/\/surprise-castle.myshopify.com\/products\/the-business-tax-return-handbook-fifth-edition-9781639053445","provider":"Surprise Castle","version":"1.0","type":"link"}