Practitioners Tax Action Bulletins - No. 2013-08
 
(05/16/2013) COD Income: Out of the bonuses he earned, taxpayer was to repay loans he received from his employer. However, no repayments had been made when the taxpayer left the company in 2007, as the company was experiencing financial difficulty. The employer issued a Form 1099-MISC showing the loan amounts as nonemployee compensation for 2007.
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Practitioners Tax Action Bulletins - No. 2013-07
(04/25/2013) Domestic Production Activities Deduction: The taxpayer publishes books and performs market research, resource planning, content and layout development, and editing activities related to the publishing that allows it to create an electronic book version. The electronic version is provided to contract manufacturers who produce the books in mass.
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Practitioners Tax Action Bulletins - No. 2013-06
(04/11/2013) Employer Withholding: The 2013 version of Form 941 (Employer's Quarterly Federal Tax Return) now reflects the expiration of the 2% payroll tax cut that was available in 2011 and 2012 and the start of the additional 0.9% Medicare tax imposed on high wage earners.
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