April 2011

Lau, Soltis and Stapleton Column, "Tackling Taxes," Published in April 2011 Taxes—The Tax Magazine

Paul C. Lau, Sandy Soltis and Nora Stapleton, Tax Partners in Blackman's Tax Services group, were published in the April 2011 issue of Taxes—The Tax Magazine. Their column, "Tackling Taxes: Cheers to Income Deferral for Gift Card Sales," explores issues relating to gift card sales as current revenue or deferred under applicable tax principles and reports on the two revenue procedures on two gift card issues that the IRS issued on January 5, 2011.

Read Paul, Sandy and Nora's article, "Tackling Taxes: Cheers to Income Deferral for Gift Card Sales" (PDF)

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This publication is part of Blackman Kallick’s marketing of professional services, and is not written tax advice directed at the specific facts and circumstances of any person and/or entity. Contents of this publication are of a general nature, and you should not act on this information without obtaining professional advice from your business advisor that is appropriately tailored to your individual needs and circumstances. This written advice is not intended or written to be used, and cannot be used by any taxpayer, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code.