Detailed analysis. Introduction -- Specifically enumerated deductible taxes -- Taxes specifically not deductible -- Taxes and similar items deductible as trade or business expenses or as for-profit activity expenses -- Identity of taxpayer entitled to deduction -- Timing of the deduction for taxes -- Alternative minimum tax -- Working papers.
Summary
" ... analyzes in depth the deduction of state, local, and federal taxes, and the timing of the deduction, with primary focus on [sections] 164, 275, and 461, in the Internal Revenue Code of 1986, and the regulations thereunder."