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Articles 751 - 780 of 797

Full-Text Articles in Accounting Law

Implications Of Minority Interest And Stock Restrictions In Valuing Closely-Held Shares, Alan L. Feld Apr 1974

Implications Of Minority Interest And Stock Restrictions In Valuing Closely-Held Shares, Alan L. Feld

Faculty Scholarship

The federal estate and gift taxes levy on the gratuitous transfer of wealth by both testamentary and lifetime disposition. The amount of the tax depends on the value placed on the property transferred by the decedent or donor. When the property transferred consists of shares of stock in a closely held corporation, there often exists no ready market to help in valuation. As a result, the value of the shares used to compute the federal estate or gift tax must be determined first by appraising the value of the enterprise, and then by allocating some portion of that value to …


The Fiscal Crisis Of New York City Voluntary Hospitals, John V. Connorton Jan 1974

The Fiscal Crisis Of New York City Voluntary Hospitals, John V. Connorton

Fordham Urban Law Journal

The cost of providing health care has been rising at an accelerated pace in recent years and hospital care took the largest share of this increase. Although not officially associated with the government, the voluntary health care institution reflects some of the characteristics of a governmental unit. It is traditionally exempt from taxes (although this is recently showing signs of erosion) and derives increasing proportions of its revenues from public funds. These funds are payment for services rendered to indigents at rates far below their costs. Hospitals have resorted to cutting costs other ways attempting to maximize efficiency of their …


Another Word On Child Care, Alan L. Feld Jul 1973

Another Word On Child Care, Alan L. Feld

Faculty Scholarship

Professors Schaffer and Berman have written a stimulating brief in support of a deduction for child care expenses in computing federal taxable income. But, in addition, by the range of considerations which their article takes into account, it illustrates the difficulty in opting for deductibility or nondeductibility on the basis of a rational consideration of income tax policies. The difficulty derives primarily from the fact that child care expenditures partake of both a personal (consumption) element and a business (income earning) element.1 To the extent it represents the latter, it does not represent personal income appropriately subject to tax; …


The Tax Treatment Of Bonuses And Returned Income Paid Pursuant To Mineral, Oil And Gas Leases, Melville Peter Mcpherson Dec 1972

The Tax Treatment Of Bonuses And Returned Income Paid Pursuant To Mineral, Oil And Gas Leases, Melville Peter Mcpherson

Masters Theses

No abstract provided.


Deductibility Of Expenses For Child Care And Household Services: New Section 214, Alan L. Feld Apr 1972

Deductibility Of Expenses For Child Care And Household Services: New Section 214, Alan L. Feld

Faculty Scholarship

It is increasingly common to find families composed of husband, wife and young children, where both husband and wife are gainfully employed. For some, this pattern is regarded as preferable to the older "ideal" family, where the husband was the sole breadwinner and the wife cared for the children, performed household chores and perhaps engaged in social or charitable activities. Where both spouses are gainfully employed, it is often necessary for the family to employ household help to care for the children and do the housework. These expenditures are "necessary" to the gainful employment of both spouses in the sense …


Books Reviewed, Stephen M. David, John P. Curley, Mark H. Tuohey Jan 1972

Books Reviewed, Stephen M. David, John P. Curley, Mark H. Tuohey

Fordham Urban Law Journal

Reviews of Why Men Rebel, The Mugging and The police and the Public


How To Handle A Federal Income Tax Audit, Mortimer Caplin Sep 1971

How To Handle A Federal Income Tax Audit, Mortimer Caplin

Washington and Lee Law Review

No abstract provided.


Auditors' Third Party Liability: An Ill-Considered Extension Of The Law, Joseph P. Dawson Jul 1971

Auditors' Third Party Liability: An Ill-Considered Extension Of The Law, Joseph P. Dawson

Washington Law Review

Numerous legal commentators have recently advocated an extension of auditors' professional liability to third-party users of financial statements, with the dual purposes of inducing improved disclosure in financial statements and obtaining restitution for investors injured by misleading statements, and some judicial decisions have adopted such an expanded liability. This comment evaluates the probable effectiveness and effects of such expanded liability, concluding that the expansion is unlikely to obtain either of its stated objectives and that such an expansion is likely to create pressures upon the cost and availability of audits which will be injurious to both investors and users of …


Fiflis & Kripke: Accounting For Business Lawyers, Jason L. Honigman May 1971

Fiflis & Kripke: Accounting For Business Lawyers, Jason L. Honigman

Michigan Law Review

A Review of Accounting for Business Lawyers by Ted J. Fiflis and Homer Kripke


The Supreme Court, Accounting, And The Tax Accrual Of "True" Income, Robert Hanes Gray Mar 1971

The Supreme Court, Accounting, And The Tax Accrual Of "True" Income, Robert Hanes Gray

Washington and Lee Law Review

No abstract provided.


The Rise Of The Accounting Profession To Responsibility And Authority, 1937-1969, Volume Ii., Jay D. Cook Mar 1971

The Rise Of The Accounting Profession To Responsibility And Authority, 1937-1969, Volume Ii., Jay D. Cook

Washington and Lee Law Review

No abstract provided.


The Rise Of The Accounting Profession, Volume I By John L. Cary, Thomas E. Ennis, Jr. Mar 1970

The Rise Of The Accounting Profession, Volume I By John L. Cary, Thomas E. Ennis, Jr.

Washington and Lee Law Review

No abstract provided.


Miranda Warning Held Inapplicable To Tax Fraud Investigations In Absence Of Custodial Atmosphere., G. E. Wilcox Jr. Mar 1969

Miranda Warning Held Inapplicable To Tax Fraud Investigations In Absence Of Custodial Atmosphere., G. E. Wilcox Jr.

St. Mary's Law Journal

Abstract Forthcoming.


Privileged Communications--Accountants And Accounting--A Critical Analysis Of Accountant-Client Privilege Statutes, Michigan Law Review Apr 1968

Privileged Communications--Accountants And Accounting--A Critical Analysis Of Accountant-Client Privilege Statutes, Michigan Law Review

Michigan Law Review

This Note will examine the policy bases for the accountant-client privilege and the reception which the privilege has received in federal and state courts. In addition, it will suggest desirable limitations on the scope of the privilege.


Accoutants' Liability To Third Parties, Robert Stern Jan 1968

Accoutants' Liability To Third Parties, Robert Stern

Cleveland State Law Review

The legal relationships within the accounting profession are currently in a state of uncertainty caused by both internal and external forces. Due to fairly recent developments of the law widening the breadth and scope of its potential liability, the accounting profession, in an effort to more precisely define and clarify its moral and legal duties, "is deeply involved in a great debate over how precisely accounting principles should be defined and how rigidly enforced." Some spectacular lawsuits recently ". . . tend to reflect the growing responsibilities and hazards of the accounting profession in an age of increasingly complex international …


Concurrent Practice Of Accounting And Law: Public Interest Or Private Gain?, Howard J. Busbee Oct 1967

Concurrent Practice Of Accounting And Law: Public Interest Or Private Gain?, Howard J. Busbee

William & Mary Law Review

No abstract provided.


Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe Jun 1967

Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe

Washington Law Review

Modern dividend statutes, as exemplified by the Model Business Corporation Act, have incorporated many accounting terms. For aid in the complex process of construing such statutes, the courts and commentators have turned to generally accepted accounting principles. Although accounting principles may be helpful in statutory interpretation, they are not determinative. The accounting attitude toward a transaction must still be correlated with the dividend policies inherent in the statute.


Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe Jun 1967

Income Tax Allocations And Dividends Under The Model Business Corporation Act, Michael D. O'Keefe

Washington Law Review

Modern dividend statutes, as exemplified by the Model Business Corporation Act, have incorporated many accounting terms. For aid in the complex process of construing such statutes, the courts and commentators have turned to generally accepted accounting principles. Although accounting principles may be helpful in statutory interpretation, they are not determinative. The accounting attitude toward a transaction must still be correlated with the dividend policies inherent in the statute.


Objective: Tax Avoidance, Clay Brown And The Three-Party Sale And Leaseback, Louis F. Nicharot Jan 1966

Objective: Tax Avoidance, Clay Brown And The Three-Party Sale And Leaseback, Louis F. Nicharot

Villanova Law Review (1956 - )

No abstract provided.


Section 341(D) And (E)- A Journey Into Never-Never Land, William M. Goldstein Jan 1965

Section 341(D) And (E)- A Journey Into Never-Never Land, William M. Goldstein

Villanova Law Review (1956 - )

No abstract provided.


Federal Tax Aspects Of Non-Profit Organizations, Marcus Schoenfeld Jan 1965

Federal Tax Aspects Of Non-Profit Organizations, Marcus Schoenfeld

Villanova Law Review (1956 - )

No abstract provided.


Federal Income Taxation - Tax Accounting - Prepaid Income Falling Due But Remaining Unpaid During The Year Included In Gross Income For That Year, Christopher J. Clark Jan 1963

Federal Income Taxation - Tax Accounting - Prepaid Income Falling Due But Remaining Unpaid During The Year Included In Gross Income For That Year, Christopher J. Clark

Villanova Law Review (1956 - )

No abstract provided.


A Proposal For A Course In Corporation Finance & Accounting, Wallace R. Bennett Jun 1962

A Proposal For A Course In Corporation Finance & Accounting, Wallace R. Bennett

Journal of Legal Education

No abstract provided.


A Week A Day: Acceleration In Accounting For Lawyers At Columbia, Ellis L. Phillips Jr. Dec 1961

A Week A Day: Acceleration In Accounting For Lawyers At Columbia, Ellis L. Phillips Jr.

Journal of Legal Education

No abstract provided.


The Investigatory Powers Of The Comptroller General Of The United States, Gustave M. Hauser Jun 1961

The Investigatory Powers Of The Comptroller General Of The United States, Gustave M. Hauser

Michigan Law Review

This article examines the statutory responsibility and authority of the Comptroller General to investigate executive action for the purpose of determining whether the legitimacy of his requests for information may be challenged by the executive branch on statutory as well as on constitutional grounds.


Book Reviews, Fleming James Jr., Kenneth H. York, A. G. Murphy Jr., Stefan A. Riesenfeld, Maynard E. Pirsig, Richard Lloyd Strecker, William P. Murphy, James K. Marshall, Wirt Peters, Phil C. Neal, Edward D. Re, Robert Kingsley, Lehan K. Tunks Mar 1959

Book Reviews, Fleming James Jr., Kenneth H. York, A. G. Murphy Jr., Stefan A. Riesenfeld, Maynard E. Pirsig, Richard Lloyd Strecker, William P. Murphy, James K. Marshall, Wirt Peters, Phil C. Neal, Edward D. Re, Robert Kingsley, Lehan K. Tunks

Journal of Legal Education

No abstract provided.


Trusts - The Fiduciary Aspects Of Estate Corporations, John P. Williams S.Ed. Mar 1959

Trusts - The Fiduciary Aspects Of Estate Corporations, John P. Williams S.Ed.

Michigan Law Review

It is the purpose of this comment to examine the existing law with regard to estate corporations, in the hope of providing a guide for persons contemplating contact with them.


Tax Accrual Accounting For Contested Items (Without The Benefit Of I.R.C. Sections 452 And 462), Harrop A. Freeman Mar 1958

Tax Accrual Accounting For Contested Items (Without The Benefit Of I.R.C. Sections 452 And 462), Harrop A. Freeman

Michigan Law Review

A spate of cases in 1956-1957 has required us to examine again the tax handling of accrual accounting in an attempt to find some way through the judicial morass. This study is concerned primarily with proper income and expense accrual reporting in cases in which some form of controversy exists or may exist between the taxpayer and another party concerning the item to be accrued.


Changes In Tax Accounting: Administrative And Legislative Nonsense, William A. Kelley Jr., Milton P. King Jan 1958

Changes In Tax Accounting: Administrative And Legislative Nonsense, William A. Kelley Jr., Milton P. King

Villanova Law Review (1956 - )

No abstract provided.


Practice Of Taxation: Accountants Vs. Attorneys, Orville J. Weaver Jan 1956

Practice Of Taxation: Accountants Vs. Attorneys, Orville J. Weaver

Cleveland State Law Review

What constitutes the illegal or unauthorized practice of law by accountants in their tax practice? The popular conception of the practice of law is the appearance in courts by attorneys. This may be a very small part of the average attorney's law practice. he spends most of his time in determining his clients' legal problems other than in court. So the unauthorized practice of law concerns itself with activities of persons, other than lawyers, who give legal advice to clients in connection with the practice of their professions. Accountants have prepared federal income tax returns, and returns for various state …