"Strategic Business Tax Planning - Second Edition" - Finally, an Interesting Read on a Traditionally Boring Subject."Business Decision-Makers Need to Think Bottom Line - and That Means After Taxes"; Readers Will Actually Enjoy Learning How to Put Tax Management Principles to Work LOS ANGELES -- Just issued, Professors John Karayan (Cal Poly Pomona) and Charles Swenson (University of Southern California The U.S. News & World Report ranked USC 27th among all universities in the United States in its 2008 ranking of "America's Best Colleges", also designating it as one of the "most selective universities" for admitting 8,634 of the almost 34,000 who applied for freshman admission ) have written the definitive book for business and financial managers, consultants, and business school students on how to optimally put the fundamentals of taxation to work in their business decisions. Instead of concentrating on tax minutiae mi·nu·ti·a n. pl. mi·nu·ti·ae A small or trivial detail: "the minutiae of experimental and mathematical procedure" Frederick Turner. and charts so common in tax advice books, "Strategic Business Tax Planning - Second Edition" focuses on the big picture in taxes. This follow-up second edition is written in a more affable, conversational tone than the popular first edition and includes the latest coverage of major federal tax acts, key cases, and administrative pronouncements. Organized around business processes familiar to managers, this reader-friendly guide shows how to optimally leverage tax management principles. Drawing upon more than 50 years of professional experience, the tax expert authors skillfully guide the reader into learning how to get to the real bottom line - after taxes - without getting bogged down in tax details. To do this, Professors Karayan and Swenson employ a practical tax strategy system called SAVANT sa·vant n. 1. A learned person; a scholar. 2. An idiot savant. [French, learned, savant, from Old French, present participle of savoir, to know - Strategy/Anticipation/Value Adding/Negotiating/Timing. They show their readers how to apply this framework to generate tax-savings opportunities, demonstrating their points with numerous real-life examples. For instance, what extra tax liabilities are assumed if a supply firm located in Chicago, which sells nationally via direct mail and, thereby, only pays taxes in Illinois, opens a sales office in San Francisco? What if another office is opened in Toronto? The authors guide the reader through the consequences and planning. Through such examples, business managers learn to use the SAVANT framework to be aware of key tax issues and deploy tax rules to make better decisions in their business, public, and private lives. The book is also ideal for undergraduates as well as financial managers and consultants. "Strategic Business Tax Planning - Second Edition" is available through most popular on-line and traditional bookstores. About the Authors John E. Karayan, JD, PhD, is a tax lawyer with a Big Four CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. firm background. He served as Director of Taxes for a Fortune 1000 software company. Karayan continues to work as an expert witness in complex litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. and a consultant to entrepreneurs. He served over 15 years on the Board of Delta Scientific, the world's foremost manufacturer of anti-terrorist vehicle access barricades. Charles W. Swenson, CPA, PhD, is Professor of Taxation and Leventhal Research Fellow in the Marshall School of Business The Marshall School of Business (also known as USC Marshall School of Business) is the business school at the University of Southern California. It is the largest of USC's 17 professional schools. The current Dean is James G. Ellis. at the University of Southern California, teaching strategic tax planning to MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration students. Professional experience includes service at PricewaterhouseCoopers; he often is consulted by Fortune 500 companies. Well-versed in computer programming, Swenson is a cofounder co·found tr.v. co·found·ed, co·found·ing, co·founds To establish or found in concert with another or others. co·found and serves on the Board of Advisors of the National Tax Credit Group (NTCG). The NTCG is the leading U.S. consulting and software firm for location-based credits and incentives. He also has been a Visiting Professor at the California Institute of Technology California Institute of Technology, at Pasadena, Calif.; originally for men, became coeducational in 1970; founded 1891 as Throop Polytechnic Institute; called Throop College of Technology, 1913–20. and the University of California The University of California has a combined student body of more than 191,000 students, over 1,340,000 living alumni, and a combined systemwide and campus endowment of just over $7.3 billion (8th largest in the United States). at Los Angeles. Winner of a record three American Taxation Association Outstanding Tax Manuscript Awards, he has published over 50 articles in top tier journals. A high-resolution downloadable photo of the cover is available at www.brighamscully.com. Click Photographs/Tax Book. John Karayan is available to the media - broadcast and print - as a tax authority. |
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