Even the most confident tax preparers can benefit from a quality reference guide to ensure successful filings. From Wolters Kluwer, the U.S. Master Tax Guide® (2021)
is a highly regarded federal tax resource that contains information on 2020 taxation changes and COVID-19 relief legislation. In addition to hardcover and softcover versions, it is also available as an eBook to download directly to your device for easy access from anywhere, anytime.
Features of the U.S. Master Tax Guide (2021)
The U.S. Master Tax Guide (2021) is a single-volume work that provides a comprehensive guide to current federal tax law. It was meticulously researched to cover all topics of relevance, including a complete update on 2020 changes and federal responses to the COVID-19 pandemic. It defines tax-exempt organizations and the types of taxable organizations, including individuals, corporations, S corporations, partnerships, trusts and estates.
The U.S. Master Tax Guide (2021) delves into tax topics, such as:
- Tax Rates and Tax Tables
- Foreign income and transactions
- Income, exclusions, losses, and passive activity losses
- Retirement plans, health benefits, and other employee benefits
- Alternative minimum, estate, gift, and generation-skipping taxes
- Basis for gain or loss, including sales, exchanges, and capital gains
- Business expenses, non-business expenses, and securities transactions
- Corporate acquisitions, reorganizations, liquidations, and special status
- Depreciation, amortization, and depletion, as well as installment and deferred payment sales
It also covers tax returns, examinations of returns, tax payment and collection, withholding and estimated taxes, and penalties and interest. With all of these topics and more, the U.S. Master Tax Guide (2021) acts as an excellent desktop reference for all things related to tax filing. With closer study, it also provides a complete understanding of updated tax laws to help professional tax preparers identify opportunities and avoid pitfalls in tax planning, ensure accuracy in filing, and more.
Benefits of Using the U.S. Master Tax Guide (2021)
The U.S. Master Tax Guide (2021) was authored by the Wolters Kluwer Editorial Staff. Our team is comprised of some of the most knowledgeable individuals in the field of tax and accounting and we are highly qualified to analyze and instruct on important tax matters. This competent team researches tax law thoroughly and meticulously, ensuring critical tax information is not missed in this overview. They also draw on their experiences to provide reliable guidance on how these different federal tax topics can be applied.
Order the U.S. Master Tax Guide (2021) Today
Make sure you're prepared for your clients' 2020 tax returns with an authoritative guide from Wolters Kluwer. The U.S. Master Tax Guide (2021) is a comprehensive master tax guide that can serve as a quick reference material while protecting your practice from pitfalls. Order this guide in hardcover, softcover, or convenient eBook format.