Abrams and Leatherman's Federal Corporate Taxation

The eighth edition of this popular student supplement retains the cradle-to-grave ordering of prior editions and is updated to reflect changes made by the Tax Cuts and Jobs Act as well as other recent changes in the law. It features an expanded discussion of S corporations and consolidated groups, use of disregarded entities, liberalization of shareholder debt rules, and basis recovery in redemptions and reorganizations. Full of examples with explanations of both how and why the system works as it does, this book can be used alongside any standard casebook. It may also be used as a primary text for those who emphasize the problem method and have developed their own problem set.