Ernst & Young Tax Guide

The Ernst & Young Tax Guide provides comprehensive, well-organized information on federal income taxes. The Tax Guide is really two books in one: it contains IRS Publication 17, an overview of essential tax information from the IRS perspective; and it contains tips, insights, and guidance from Ernst & Young's team of tax experts. The tips and insights from Ernst & Young are by far the best part of the book.

Pros:

Comprehensive information on income taxes, well-organized, and highly readable. The wealth of tips, insights, and planning ideas provided by the Ernst & Young tax experts are the strength of this tax guide. Sections of the book cover complicated tax strategies for expatriates, non-resident aliens, estate and gift tax planning, and how to handle an IRS audit.

Cons:

The bulk of the Ernst & Young Tax Guide consists of essential tax information republished from Publication 17, Your Federal Income Tax, with modifications for recent changes in the tax laws. Pub 17 is freely available on the Web, at your local IRS office, and at libraries around the country. The book contains copies of draft tax forms. Draft forms cannot be used to file your tax return. As such, readers will need to obtain the final versions of the tax forms before preparing their tax return.

Overall:

The Ernst & Young Tax Guide provides comprehensive, well-organized information on federal income taxes. The best part of the book are the tips and insights from Ernst & Young – walking you through thorny tax topics for non-resident aliens, expatriates, and handling IRS audits.

Ernst & Young Tax Guide Publication Information:

Full Title: Ernst and Young Tax Guide
Author: Peter W. Bernstein, Editor
Publisher: Publishnow
Publication Date: December 2008
Pages: 800
Binding: Paperback
ISBN: 0979985552