As one former Reagan administration official put it, Tefra
was ``the revenge of everyone who was against supply-side economics.
Later, the IRS determined the TEFRA
audit rules did in fact apply, and a subsequent FPAA was mailed with various adjustments and considerable penalties.
After Congress enacted TEFRA
, IBM switched to balance-sheet accruals rather than funding on a less tax-advantaged basis.
A wide range of assistive devices may be purchased via the TEFRA
mechanism, dependent upon the definitions used by the various states for potential beneficiaries.
Some of the early demonstration HMOs, paid on a modified risk basis, are counted only after they converted to risk contracts under the provisions of TEFRA
The Tax Equity and Fiscal Responsibility Act (TEFRA
) was enacted in September 1982; a complete discussion of TEFRA
is in the September 1982 SURVEY.
Second, since Tigers Eye Trading had filed a partnership return, it determined that TEFRA
applied and the court had jurisdiction to find that it was not a partnership and to determine all items that would have been partnership items.
However, there are several exceptions, such as cases involving spouses filing joint returns (where both spouses are liable for deficiencies by virtue of the joint filing) or TEFRA
unified partnership proceedings.
He also has experience and strong technical skills in TEFRA
partnership procedures, international information reporting, IRS procedural matters, and periods and methods.
The final panel of legal experts addressed tax planning strategies, the uses of flow-through entities by hedge funds and private equity investors, and procedural issues involved in auditing TEFRA
Table 1 shows these cost measures for the three types of freestanding psychiatric hospitals and certified (distinct part) units of general hospitals subject to the TEFRA
payment system for the services they provide to Medicare beneficiaries.
Comparing the state to a "banana republic" on a national broadcast, advocating the release of a convicted rapist who is now charged with murder, choosing to tax nursing home patients rather than smokers, TEFRA
, AASIS, the child-support debacle and assorted other incidents never seemed to dent the Huckabee armor.