Bankruptcy And Insolvency Taxation: 2007 Cumulative Supplement

The 2007 Cumulative Supplement includes the following updates:

• Chapter 1 is updated to include the general provisions of the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
• Includes tax changes in the Act, several recent cases and directives issued by the Internal Revenue Service and the Treasury, and the adjustments to dollar amounts for petitions filed after March 31, 2007.
• Chapter 8 has been completely rewritten and included in this supplement to incorporate the state and local tax issues in the 2005 Act.

Reviews:

The bulk of the book consists of long quotes from various relevant federal statutes, like rulings from the 10th Circuit Court, which often deals with tax matters. Relatively little of the book consists of the authors' original writings. Indeed, much of the narrative is quite disjointed. Typically, there is reference to replacing a section in the base text with an updated or corrected section in this text. Perhaps best to think of this book as akin to an appendix or index. Not something typically read in its entirety.But given that there is little of the authors' addings, and the brevity of the book, it seems overpriced.