Federal Tax Update

Samuel A. Donaldson (Associate Professor of Law and Director, Graduate Program in Taxation – University of Washington School of Law) has posted his article 2006 Federal Tax Update on SSRN.

Here is the abstract of his article:

This update explains several developments in the federal income, estate and gift taxes affecting individual taxpayers and small businesses. It contains summaries of significant cases, rulings, regulations, legislation and other matters from August, 2005, through September, 2006. This update generally does not discuss developments in the areas of qualified plans or the taxation of business entities (except to very limited extents).