REVOLUTIONIZE THE WAY YOU USE YOUR TRUSTED TAX & ACCOUNTING RESOURCES

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1 REVOLUTIONIZE THE WAY YOU USE YOUR TRUSTED TAX & ACCOUNTING RESOURCES introducing thomson reuters proview THE FIRST INTUITIVELY DESIGNED ereader APP DEVELOPED SPECIFICALLY FOR TAX AND ACCOUNTING PROFESSIONALS. tax & accounting

2 DON T JUST READ. EXPERIENCE, EXPLORE AND INTERACT. Access trusted Thomson Reuters content from your ipad, Android tablet and computer on our revolutionary new ebooks that provide advanced mobility, speed and customization that no other tax and accounting reference providers can match. Unlike ebooks from other providers that run on generic ereader apps and are limited to features developed for leisure reading, our ebooks are powered by Thomson Reuters ProView the only ereader app developed specifically for tax and accounting professionals. ProView has been exclusively created to support professional-grade ebooks with unique features that are custom-tailored to each Thomson Reuters publication. Our new ebooks allow you to: Search smarter Find your answers faster with multiple unique search options. Access your tax and accounting library anytime, anywhere Find your answers quickly from the Layered Table of Contents, advanced index tool or full-text search Dive deep into your research with fully linked content, history tool and navigation tools customized to each ebook Quickly navigate prior searches from your history Customize your ebook with a tap of your finger Thomson Reuters ProView offers exclusive technology that allows you to truly customize your ebook and save your customization to your next edition, saving you valuable time next tax year. Add personal notes and annotations Highlight text in six different colors Add bookmarks for quick reference Access from where you need it most: everywhere Download ProView to multiple devices for convenient access from your ipad, Android tablet or a computer via your browser.

3 View your navigation history Find the information you need quickly with search functionality Bookmark key pages Copy and paste text into any other application or document Add notes or annotate passages Highlight text While on-the-go, you can save your notes and annotations to the cloud and they automatically sync with your desktop. So whether you re working from your client s office, at home or an airport terminal, your notes are ready to print when you return to your office.

4 REVOLUTIONIZE YOUR TAX AND ACCOUNTING REFERENCE LIBRARY WITH THESE ebooks ria federal tax handbook, 2013 edition Portable and easy-to-read, the RIA Federal Tax Handbook, 2013 Edition provides comprehensive answers to questions on: individual, trust, partnership and corporate taxation, deductions, credits, capital gains, IRAs, SIMPLE and pension plans, education incentives, passive activity losses, employee benefits, estate and gift taxes, and much more. USE THE HANDBOOK AS A VALUED RESOURCE FOR YOUR STAFF. Put this insightful advice and guidance on the latest tax topics and changes right at your employees fingertips. The Handbook offers: Detailed coverage of the latest tax legislation Current and future income tax rates, current estate, gift and excise tax rates, and Social Security tax thresholds Guidance on which forms to use to report transactions Extensive professional guidance based on the experience of RIA s expert editorial team The Handbook features these great research aids: Comprehensive topic index Margin index on the back cover Approximately 40 pages of depreciation and inclusion amount tables Table of contents Description of what s new on the Form 1040 Tax calendar Comprehensive list of IRS publications ria federal estate and gift tax handbook This new handbook puts up-to-date estate, gift, and generationskipping transfer tax information at the fingertips of tax professionals, financial planners, estate representatives, and anyone else involved in estate planning or transfer tax return compliance. Written in clear, understandable language, the RIA Federal Estate and Gift Tax Handbook explains the statutory, regulatory, and basic judicial rules governing the interrelated Federal estate, gift, and generation skipping transfer taxes, which have been drastically affected by recent legislation and soon will be fundamentally changed again. The Handbook gives its users what they need to know to cut through the complex thicket of constantly changing rules to produce solid planning results and meet all compliance obligations as easily as possible. The Handbook is designed to produce fast, clear answers to a wide range of transfer tax questions and issues. It includes: Easily understandable explanations of the latest transfer tax rules and how they affect planning decisions. Analysis of recent legislative, administrative, and judicial developments affecting transfer taxes Tables of rates, exemptions and other key figures, for easy reference Sample filled-in estate and gift tax forms based on real world scenarios, to help solve return preparation issues A comprehensive topic index to get the user to needed information quickly A bound-in quick reference card for handy access to tax rates, exclusions, and other helpful facts and figures.

5 BUY BOTH PRINT + ebook AND SAVE RIA s Complete Internal Revenue Code The RIA s Complete Internal Revenue Code places the entire Internal Revenue Code and over 50 years of legislative history at your fingertips. This comprehensive paperback provides the entire Code in one convenient, easy-touse volume. RIA s coverage (including legislative history back to 1954) contains complete text of income, estate, gift, excise, withholding, procedure, administration, FICA and FUTA. The publication reflects tax legislation to the date of publication. RIA s Federal Tax Regulations Recently expanded to accommodate all of the recent tax regulation changes, RIA s Federal Tax Regulations includes all tax regulations including payroll in a comprehensive eight volume set. This must have desk reference provides the official text of all Treasury Regulations (final, temporary, and proposed) governing income, estate, gift, excise, withholding, procedure, administration, FICA, FUTA, and payroll.

6 Form 1120 Corporation Tax Rate Schedule Quick Tax Method For tax years beginning after December 31, 1992 TAXABLE INCOME % MINUS $ = TAX $ 0 $ 50,000 15% minus $ 0 = Tax 50,001 75,000 25% minus 5,000 = Tax 75, ,000 34% minus 11,750 = Tax 100, ,000 39% minus 16,750 = Tax 335,001 10,000,000 34% minus 0 = Tax 10,000,001 15,000,000 35% minus 100,000 = Tax 15,000,001 18,333,333 38% minus 550,000 = Tax 18,333,334 and over 35% minus 0 = Tax Note: See Basics of Corporations on Page 17-1 for exceptions to above tax rates and an example of how to use the Quick Tax Method. Form Fiduciary Tax Rate Schedule Quick Tax Method TAXABLE INCOME % MINUS $ = TAX $ 0 $ 2,300 15% minus $ 0.00 = Tax 2,301 5,450 25% minus = Tax 5,451 8,300 28% minus = Tax 8,301 11,350 33% minus = Tax 11,351 and over 35% minus 1, = Tax Note: The 10% tax bracket that applies to individuals does not apply to estates and trusts. Forms 706 and 709 Estate and Gift Tax Rate Schedule Quick Tax Method For gifts made and estates of decedents dying in 2011 TAXABLE AMOUNT % MINUS $ = TAX* $ 0 $ 10,000 18% minus $ 0 = Tax 10,001 20,000 20% minus 200 = Tax 20,001 40,000 22% minus 600 = Tax 40,001 60,000 24% minus 1,400 = Tax 60,001 80,000 26% minus 2,600 = Tax 80, ,000 28% minus 4,200 = Tax 100, ,000 30% minus 6,200 = Tax 150, ,000 32% minus 9,200 = Tax 250, ,000 34% minus 14,200 = Tax 500,001 and over 35% minus 19,200 = Tax * Less applicable credit amount. See the charts at the beginning of Tab 22. Form Quick Tax Method* MFJ or QW Taxable Income $ 0 $ 17,000 10% minus $ 0.00 = Tax 17,001 69,000 15% minus = Tax 69, ,350 25% minus 7, = Tax 139, ,300 28% minus 11, = Tax 212, ,150 33% minus 22, = Tax 379,151 and over 35% minus 30, = Tax Single Taxable Income $ 0 $ 8,500 10% minus $ 0.00 = Tax 8,501 34,500 15% minus = Tax 34,501 83,600 25% minus 3, = Tax 83, ,400 28% minus 6, = Tax 174, ,150 33% minus 15, = Tax 379,151 and over 35% minus 22, = Tax HOH Taxable Income $ 0 $ 12,150 10% minus $ 0.00 = Tax 12,151 46,250 15% minus = Tax 46, ,400 25% minus 5, = Tax 119, ,350 28% minus 8, = Tax 193, ,150 33% minus 18, = Tax 379,151 and over 35% minus 26, = Tax MFS Taxable Income $ 0 $ 8,500 10% minus $ 0.00 = Tax 8,501 34,500 15% minus = Tax 34,501 69,675 25% minus 3, = Tax 69, ,150 28% minus 5, = Tax 106, ,575 33% minus 11, = Tax 189,576 and over 35% minus 15, = Tax * Assumes taxable income is all ordinary income. Multiply taxable income by the applicable tax rate and subtract the amount shown. Although this method differs from the IRS Tax Rate Schedules, the results are the same. Caution: IRS Tax Tables must be used for taxable income under $100,000. To calculate the exact tax using the Quick Tax Method for taxable income under $100,000, round taxable income to the nearest $25 or $75 increment before using the formula. Round $50 or $100 increments up Key Amounts Standard Deduction: Earned Income Credit (Maximum): MFJ or QW 1... $11,600 No children...$ 464 Single ,800 1 child... 3,094 HOH ,500 2 children... 5,112 MFS ,800 >2 children... 5,751 Dependent Investment income limit... 3,150 Personal Exemption... $ 3,700 Kiddie Tax Threshold...$ 1,900 AMT Exemption: Elective Deferral Limits: MFJ or QW... $74,450 < age 50 age 50 Single or HOH... 48,450 SIMPLE IRA... $11,500 $ 14,000 MFS... 37, (k)... 16,500 22,000 Standard Mileage Rates: Section 179 Deduction Limits: 1/1 6/30 7/1 12/31 Business Overall...$500,000 Medical/moving SUV (per vehicle)... 25,000 Charitable Qualified real property ,000 1 Add $1,150 for age 65 or older or blind, each. 2 Add $1,450 for age 65 or older or blind, each. 3 If greater, amount of earned income plus $300 (but not to exceed $5,800) Tax Table EIC Table State 1040 Quickfacts Worksheets 1040 Line-by-Line Schs A & B Schs C, F & SE Sch. D 4797 Sch. E Passive At-Risk 2106 Travel Meals & Ent Depreciation Section 170 Autos & Listed Property 1040 Credits, AMT Special TPs Children Education Divorce Retirement & Social Security Business Reference & Worksheet Partnerships 1065 C Corps 1120 S Corps 1120S Exempt Organizations 990 LLC & Other Entities Ficuciary 1041 Other Business Related Tabs, Index & Organizers REVOLUTIONIZE YOUR TAX AND ACCOUNTING REFERENCE LIBRARY WITH THESE ebooks Premium Quickfinder Handbook TAX PREPARATION 1040 Small Business Estate and Trust Exempt Organization Payroll Tax 2012 Tax Year Registered Tax Return Preparer Edition Premium Quickfinder Handbook The Premium Quickfinder Handbook is a handy combination of the most important 1040 and Small Business topics you need to complete tax returns for individuals and businesses. The Premium Quickfinder Handbook Has 26 chapters on how to prepare individual and small business federal tax returns. Includes over 500 pages of individual & small business quick reference tax information, all in one convenient source. Includes the traditional Quickfinder laminated cover and tabs, colored pages, tax humor, tax tables and pocket insert. Is written by the leading Quickfinder authors who have served the tax preparation community for over 40 years. Available December 2012 Premium Quickfinder Handbook Registered Tax Return Preparer Edition Introducing a Special Edition of the Premium Quickfinder Handbook tailored specifically to the needs of Registered Tax Return Preparers (RTRPs). The Premium Quickfinder Handbook RTRP Edition includes all of the same great content as the traditional Premium Quickfinder Handbook plus two additional tabs. You ll get all the tax quick reference material you need to complete tax returns for individual and businesses plus important information on the evolving rules and requirements for RTRPs. And now that all paid tax return preparers are subject to IRS Circular 230, you ll have it at your fingertips along with insights into its key provisions and rules. Tab titles include: Same as traditional Premium Quickfinder Handbook (see previous page for details) 27. RTRPs Registered Tax Return Preparers (RTRPs) Preparer Tax Identification Numbers (PTINs) Competency Test Tax Compliance and Suitability Checks Continuing Education Practice Limitations 28. IRS Circular 230 Rules of Practice Grounds for Disciplinary Proceedings Sanctions and Monetary Penalties Treasury Department Circular No. 230 Index

7 BUY BOTH PRINT + ebook AND SAVE 1040 Quickfinder Handbook #1 Quick Reference Tax Handbook in America for over 40 Years. The 1040 Quickfinder Handbook has over 300 pages covering what you need to know to prepare federal individual income tax returns. We have been producing this Handbook for over 40 years, and our accurate, easy-to-read content is the industry leader for tax professionals. Covers all aspects of preparing Form 1040, including tax changes and developments. Available December Quickfinder Handbook Registered Tax Return Preparer Edition Introducing a Special Edition of the 1040 Quickfinder Handbook tailored specifically to the needs of Registered Tax Return Preparers (RTRPs). The 1040 Quickfinder Handbook RTRP Edition includes all of the same great content as the traditional 1040 Quickfinder Handbook plus two additional tabs. You ll get all the tax quick reference material you need when preparing Form 1040 plus important information on the evolving rules and requirements for RTRPs. And now that all paid tax return preparers are subject to IRS Circular 230, you ll have it at your fingertips along with insights into its key provisions and rules. Available December 2012 Small Business Quickfinder Handbook Forms 1065, 1120, 1120S, 1041, 706, 709 and 990. An easy-to-use resource for tax professionals, financial planners, and small business owners. Your first-stop resource for preparing tax returns for all small businesses! The easy-to-read explanations of the rules are supported by many practice tips and examples, all organized by types of entities for quick reference. Also covers tax returns for estates, trusts and tax-exempt organizations. Provides concise guidance on payroll, benefits, depreciation, formation, disposition, tax credit, and accounting issues. Includes filled-in tax forms and line-by-line coverage. Available December 2012 All States Quickfinder Handbook Quick handy access to over 500 pages of individual state tax filing instructions for all 50 states. The All States Quickfinder Handbook contains a complete, concise and consistent summary of instructions for filling out state individual income tax returns for all 50 states and the District of Columbia. Topics are presented in a consistent format, making it easy to find information regardless of the state. Like all Quickfinder Handbooks, the All States Quickfinder Handbook uses clear language in an easy-to-use, tabbed format. Available December 2012

8 REVOLUTIONIZE YOUR TAX AND ACCOUNTING REFERENCE LIBRARY WITH THESE ebooks Individuals Special Tax Situations Quickfinder Handbook Steers preparers through the maze of unique tax rules that apply to individuals due to occupations, investments, or certain life events. For each type of taxpayer, you ll get a quick summary of the key tax rules and relevant IRS materials; definitions of key terms about that type of client, tax preparation guidance covering the unique rules and filing requirements for that specific type of taxpayer; time-saving tips, observations, strategies, and other preparation alerts; examples of real-life situations; and quick reference tables and charts. The types of individuals covered in this Handbook include: Authors & writers Aliens nonresident/ resident Bankrupt individuals Construction contractors Daycare providers Decedents Direct sellers (Mary Kay, Avon, Quixtar, etc.) Disabled taxpayers Disaster victims Divorced taxpayers Elderly Executives Expatriates Farmers/ranchers Gamblers Household employers Military personnel Ministers/clergy Oil and gas investors Performing artists and athletes Professionals Real estate agents Real estate owners & investors Restaurant owners Retailers Statutory employees Stock traders/investors Students Teachers Transportation workers/ truckers Waiters and waitresses Depreciation Quickfinder Handbook Quick answers to all your business property questions! The Depreciation Quickfinder Handbook answers your tax depreciation and business property questions determining the right recovery periods, computing the right amount of depreciation, deciding whether expenses need to be capitalized, dealing with the special rules for autos and other listed property, claiming the Section 179 and bonus depreciation deductions, and much more. Covers property dispositions, including tricky tax rules for installment sales, like-kind exchanges and depreciation recapture. Provides loads of easy-to-read depreciation tables for MACRS (with or without bonus depreciation), ADS, AMT, and ACRS. Tab titles include: 1. Depreciable Property 2. MACRS 3. Other Depreciation Methods 4. MACRS Depreciation Tables 5. Section 179 Expensing 6. Vehicles and Listed Property 7. Real Property 8. Sales and Dispositions 9. Exchanging Property 10. Correcting Depreciation Errors 11. Intangible Assets 12. IRS Materials 13. Glossary, New Law Index

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10 ABOUT THOMSON REUTERS Thomson Reuters is the world s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial and risk, legal, tax and accounting, intellectual property and science and media markets, powered by the world s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs approximately 60,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, go to The Tax & Accounting business of Thomson Reuters is the leading provider of technology and information solutions, as well as integrated tax compliance software and services to accounting, tax and corporate finance professionals in accounting firms, corporations, law firms and government. Headquartered near Dallas, Tax & Accounting has major operations in Ann Arbor, Hyderabad, London, New York and Sydney. For more information, go to taxacct/. Our Brands RIA Our premier brand for advanced content, practice materials and compliance tools providing the most accurate and insightful research and guidance available to tax, accounting and corporate finance professionals PPC Relied upon by thousands of firms as the industry standard, PPC is the leading national brand for specialized information, guidance and practice aids for accountants, auditors and tax practitioners. WG&L Renowned for in-depth, authoritative analysis from leading experts in the industry. Our WG&L product line, consisting of treatises, manuals, journals and more, is the source for tax research, analysis and reference materials. QUICKFINDER The clear leader in tax quick reference for over 40 years. Tax professionals trust Quickfinder handbooks to provide concise, accurate, quick-read answers to all of your tax questions. Thomson Reuters 3 Times Square New York, NY Contact Us Sales Support ria.thomsonreuters.com THOMSON REUTERS CHECKPOINT Thomson Reuters Checkpoint is the industry leader for online information for tax and accounting professionals. For more than a decade, professionals have been turning to Checkpoint, the revolutionary, easily-searchable online system, to get straight to their answers. Checkpoint blends cutting-edge technology, editorial insight, time-saving productivity tools, online learning and news updates with intelligent linking to related content and software. Thousands of tax and accounting professionals rely on Checkpoint every day to understand complex information, make informed decisions and use knowledge more efficiently. CHECKPOINT LEARNING Checkpoint Learning courses include interactive and print-based self-study from MicroMash, PASS Online, and PPC plus, you can browse listings for Gear Up and AuditWatch live events and webinars directly through Checkpoint Learning. And new Subscription Packages provide a single-price option for learners to incorporate seminar, webinar, online and self-study courses alongside a robust CPE tracking service cl.thomsonreuters.com Thomson Reuters. Checkpoint, RIA, WG&L, EBIA and PPC are registered trademark(s) of Thomson Reuters (Tax & Accounting), Inc. All rights reserved. All other trademarks listed herein are the property of their respective owners. T _TR_ProView_10/12