The concisely written 2008 Student Update Memorandum to Miller & Maine’s The Fundamentals of Federal Taxation: Problems and Materials keeps the text current with respect to important legislation, cases and administrative actions.  For example, it includes treatments of recent congressional changes to depreciation, the alternative minimum tax, discharges of indebtedness and the gain exclusion rules for sales of principal residences.  It also notes recent I.R.S. rulings concerning like kind exchanges and recoveries for personal injuries.  It also includes an edited version of the D.C. Circuit’s final opinion in the much-discussed personal injury recovery case, Murphy v. Internal Revenue Service.

Access the 2008 Student Update here.

See also:

• The Fundamentals of Federal Taxation