Introducing Uncle Sam's Tax Audit Assistant! "Discover How To Survive An IRS Tax Audit In 7 Minutes"

Tax Audit Assistant Catalog

Tax Audit Assistant
IRS Target List
Tax Audit Assistant Catalog
Testimonials
Recommend This Site
Privacy Statement
About Us
Contact Us
Questions?
    Back 

Sports Franchises Edition

TABLE OF CONTENTS

  • CHAPTER 1 INTRODUCTION AND LEAGUE INFORMATION
    • Sources Of Information And Guide Emphasis 1-1
    • Emerging Issues And Sports Franchise ISP Team Issue Assistance 1-1
    • Sports League Associations 1-1
    • League Revenue Sharing 1-2
    • The Major Sports League Teams 1-2
    • The National Basketball Association 1-3
    • The National Football League 1-4
    • Major League Baseball 1-5
    • The National Hockey League 1-6
    • League Expansion 1-7
  • CHAPTER 2 GENERAL SPORTS FRANCHISE EXAMINATION TECHNIQUES
    • Overview 2-1
    • General Accounting Considerations 2-1
    • Return Identification And Entity Background Information 2-1
    • Preplan And Issue Identification 2-2
    • Intangible Assets 2-2
    • Deferred Revenue And Deposits 2-2
    • Accrued Expenses 2-3
    • Other Deductions 2-3
    • Schedule M-1 2-3 Related Party Transactions 2-4
    • Issue Development 2-4
    • Required Filing Checks 2-5
    • Player Personal Service Corporations 2-5
    • Compliance Strategies 2-6
    • Exhibit 2-1
    • Sample Form 4564, Information Doc. Request 2-7
    • Exhibit 2-2
    • Sample Initial Interview Questions 2-11
  • CHAPTER 3 SPONSORSHIP REVENUE
    • Industry Practice 3-1
    • Audit issue 3-1
    • Tax Law 3-2
    • Prepaid Income 3-2
    • Revenue Procedure 71-21 3-2
    • Tax Law Application 3-4
    • Examination Techniques 3-6
  • CHAPTER 4 BROADCAST REVENUE
    • Industry Practice 4-1
    • National Broadcasting Contracts 4-1
    • Local Broadcasting Contracts 4-1
    • Audit Issue 4-1
    • Tax Law 4-2
    • Services Or Property Right? 4-2
    • Tax Law Application 4-3
    • Examination Techniques 4-5
  • CHAPTER 5 SEASON TICKET REVENUE
    • Industry Practice 5-1
    • Categories Of Seating 5-1
    • Accounting For Season Tickets 5-2
    • Audit Issues 5-2
    • Tax Law 5-2
    • Fixed And Definite Services 5-2
    • Advance Payment Versus Deposit 5-4
    • Tax Law Application 5-6
    • Examination Techniques 5-7
    • Potential Emerging Issue 5-9
  • CHAPTER 6 RELOCATION INCENTIVES
    • Industry Practice 6-1
    • Audit Issue 6-1
    • Tax Law 6-1
    • Tax Law Application 6-3
    • Examination Techniques 6-3
  • CHAPTER 7 STRIKE FUND PAYMENTS
    • Industry Practice 7-1
    • Audit Issue 7-1
    • Tax Law 7-1
    • Tax Law Application 7-3
    • Examination Techniques 7-4
  • CHAPTER 8 STADIUM ISSUES
    • Industry Practice 8-1
    • Stadium Ownership 8-2
    • Overview 8-2
    • Audit Issues 8-2
    • Recovery Periods 8-3
    • Tax Exempt Bond Financing 8-4
    • Examination Techniques 8-5
    • Stadium Leases 8-6
    • Overview 8-6
    • Audit Issues 8-6
    • Leasehold Improvements 8-6
    • IRC Section 467 Rental Agreements 8-7
    • Examination Techniques 8-8
  • CHAPTER 9 AMORTIZATION
    • Overview 9-1
    • Player Contracts 9-2
    • Audit Issues 9-2
    • Tax Law Application 9-2
    • Examination Techniques 9-6
    • Intangible Assets Acquired In The Acquisition Of A Sports Franchise 9-8
    • Audit Issues 9-8
    • Tax Law Application 9-8
    • Broadcasting Rights 9-9
    • Organizational Expenditures And Start-Up Expenses 9-11
    • Audit Issues 9-11
    • Tax Law Application 9-11
    • Potential Emerging Issue For Start-Up Expenses 9-11
  • CHAPTER 10 PURCHASE AND SALE OF A SPORTS FRANCHISE
    • Overview 10-1
    • Audit Issues 10-2
    • Valuation Of The Sports Franchise 10-2
    • The Residual Allocation Method 10-4
    • Player Contracts 10-5
    • Tax Planning Considerations 10-8
    • Economic Reality, Strong Proof Doctrine, And The Danielson Rule 10-9
    • Examination Techniques 10-10
  • CHAPTER 11 LEAGUE EXPANSION
    • Overview 11-1
    • Audit Issues 11-2
    • Tax Law Application 11-2
    • Established Sports Franchises 11-2
    • Expansion Sports Franchises 11-5
    • Examination Techniques 11-8
  • CHAPTER 12 SALES AND EXCHANGES OF INDIVIDUAL PLAYER CONTRACTS
    • Industry Practice 12-1
    • Audit Issues 12-1
    • Tax Law Application 12-1
    • Gains and Losses On Player Contracts Given Up 12-1
    • Tax Basis In Acquired Player Contracts 12-3
    • Examination Techniques 12-5
    • Gains And Losses On Player Contracts Given Up 12-6
    • Tax Basis In Acquired Player Contracts 12-7
    • Potential Emerging Issue on Future Draft Picks 12-7
  • MISCELLANEOUS EXHIBIT A: SPORTS FRANCHISE CITATIONS A-1
    • Code, Regulations, and Committee Reports A-1
    • Service Guidance A-1
    • Revenue Rulings A-1
    • Court Cases A-2
  • EXHIBIT B: INTERNET RESOURCES B-1
  • GLOSSARY G-1

Item #4123005E


Price: $70.93  Sale price $43.27

Support Our Troops

 Support Our Troops

Great American Tax Accountant's is proud to announce that a portion of your investment in our products will be sent directly to the Morale Welfare and Recreation Department of our Armed Forces.
 
Sacrifice is not limited to our men and women in uniform.  Children, spouses and families of military personnel are deprived of special times while their loved ones are deployed far from home.  Even when hostilities subside, they often remain separated – sometimes for years!
 
With all of the conflicts taking place around the world, the children, especially, are often focused on a theatre of battle where their mother or father is serving.  No one can take the place of the children’s parents, but everyone can make a difference in their lives.  The children and family members left behind need our support now more than ever.
 
The Morale Welfare Recreation (MWR) Department organizes a variety of activities and programs to address the needs of these individuals – providing quality support, recreation, and educational services to contribute to the retention, readiness, and mental, physical, and emotional well-being and enjoyment of the military community.
 
 

Print this page

Copyright 1999-2006  *  Great American Tax Accountants. All Rights Reserved. 
No part of this web site may be reproduced or copied without express written permission from its publisher.

 

Tax Audit Assistant | IRS Target ListTax Audit Assistant Catalog | Testimonials | Recommend This Site | Privacy Statement |  Terms of Service | About Us | Contact Us |