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:: Sports Franchises - Table of Contents

 

General

  • Chapter 1, Introduction and League Information

    • Sources Of Information And Guide Emphasis

    • Emerging Issues And Sports Franchise ISP Team Issue Assistance

    • Sports League Associations

    • League Revenue Sharing

    • The Major Sports League Teams

      • The National Basketball Association

      • The National Football League

      • Major League Baseball

      • The National Hockey League

      • League Expansion

  • Chapter 2, General Sports Franchise Examination Techniques

    • Overview

    • General Accounting Considerations

    • Return Identification And Entity Background Information

    • Preplan And Issue Identification

      • Intangible Assets

      • Deferred Revenue And Deposits

      • Accrued Expenses

      • Other Deductions

      • Schedule M-1

      • Related Party Transactions

    • Issue Development

    • Required Filing Checks

      • Player Personal Service Corporations

    • Compliance Strategies

      • Exhibit 2-1, Sample Form 4564, Information Doc. Request 

Revenue Issues

  • Chapter 3, Sponsorship Revenue

    • Industry Practice

    • Audit issue

    • Tax Law

      • Prepaid Income

      • Revenue Procedure 71-21

    • Tax Law Application

    • Examination Techniques

  • Chapter 4, Broadcast Revenue

    • Industry Practice

      • National Broadcasting Contracts

      • Local Broadcasting Contracts

    • Audit Issue

    • Tax Law

      • Services Or Property Right?

    • Tax Law Application

    • Examination Techniques

  • Chapter 5, Season Ticket Revenue

    • Industry Practice

      • Categories Of Seating

      • Accounting For Season Tickets

    • Audit Issues

    • Tax Law

      • Fixed And Definite Services

      • Advance Payment Versus Deposit

    • Tax Law Application

    • Examination Techniques

    • Potential Emerging Issue

  • Chapter 6, Relocation Incentives

    • Industry Practice

    • Audit Issue

    • Tax Law

    • Tax Law Application

    • Examination Techniques

Expense Issues

  • Chapter 7, Strike Fund Payments

    • Industry Practice

    • Audit Issue

    • Tax Law

    • Tax Law Application

    • Examination Techniques

  • Chapter 8, Stadium Issues

    • Industry Practice

    • Stadium Ownership

      • Overview

    • Audit Issues

      • Recovery Periods

      • Tax Exempt Bond Financing

      • Examination Techniques

    • Stadium Leases

      • Overview

    • Audit Issues

      • Leasehold Improvements

      • IRC Section 467 Rental Agreements

      • Examination Techniques

  • Chapter 9, Amortization

    • Overview

    • Player Contracts

    • Audit Issues

      • Tax Law Application

      • Examination Techniques

    • Intangible Assets Acquired In The Acquisition Of A Sports Franchise

    • Audit Issues

      • Tax Law Application

      • Broadcasting Rights

    • Organizational Expenditures And Start-Up Expenses

    • Audit Issues

      • Tax Law Application

      • Potential Emerging Issue For Start-Up Expenses

Sales, Acquisitions and Exchanges

  • Chapter 10, Purchase and Sale of a Sports Franchise

    • Overview

    • Audit Issues

    • Valuation Of The Sports Franchise

    • The Residual Allocation Method

    • Player Contracts

    • Tax Planning Considerations

    • Economic Reality, Strong Proof Doctrine, And The Danielson Rule

    • Examination Techniques

  • Chapter 11, League Expansion

    • Overview

    • Audit Issues

    • Tax Law Application

      • Established Sports Franchises

      • Expansion Sports Franchises

    • Examination Techniques

  • Chapter 12, Sales and Exchanges of Individual Player Contracts

    • Industry Practice

    • Audit Issues

    • Tax Law Application

      • Gains and Losses On Player Contracts Given Up

      • Tax Basis In Acquired Player Contracts

    • Examination Techniques

      • Gains And Losses On Player Contracts Given Up

      • Tax Basis In Acquired Player Contracts

    • Potential Emerging Issue on Future Draft Picks

Miscellaneous

 

:: IRS Audit Techniques

 

- Accuracy

- Aerospace Industry

- Aviation Tax

- Coal Excise Tax

- Commercial Banking

- Construction Industry

- Credit for Increasing Research

- Activities

- Cost Segregation Audit Techniques

- Guide

- Drywallers

- Executive Compensation - Fringe

- Benefits Audit Techniques Guide

- Factoring of Receivable Audit

- Techniques Guide

- Farm Hobby Losses

- Farmers Audit Techniques Guide

- Farming - Specific Income Issues

- and Farm Cooperative

- General Livestcok

- Hardwood Timber Industry

- IRC 162(m) Salary Deduction

- Limitation Audit Techniques Guide

- The Laundromat Industry

- Lawsuit Awards and Settlements

- Masonry and Concrete Industry

- New Vehicle Dealership Audit

- Technique Guide

- Nonqualified Deferred

- Compensation Audit Techniques

- Oil and Gas Industry

- Partnerships

- Passive Activity Losses

- Placer Mining

- Poultry Industry

- The Port Project

- Reforestation Industry

- Rehabilitation Tax Credit

- Retail Industry

- Scrap Metal Industry

- Shareholder Loan (ATG) 

- Split Dollar Life Insurance Audit

- Techniques Guide 

- Sports Franchises 

- Stock Based Compensation Audit

- Techniques Guide

- Swine Farm Industry 

- Tobacco Industry

- Veterinary Medicine

 

:: ARCHIVED RESOURCES

Tax Preparation
Offer In Compromise
Levy
IRS Tax Liens
IRS Tax Liens - continued
IRS Tax Liens - continued 2
Levy - continued
IRS Audits
Audit Techniques Guide
Congressional Contacts
Criminal Investigation
D.O.J Criminal Tax Manual
Tax Litigation
Penalty
Installment Agreements
Statute of Limitations
Frivolous Tax Argument
Interest Abatement
Tax Fraud
Fraud Statutes
Bankruptcy
Tax Reform Legislation
Tax Shelters
Tax Court
Trust Fund Penalty
Legislation
Innocent Spouse Relief
Important Links

 

 

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