Background
Raabe, William Alan was born on December 14, 1953 in Milwaukee. Son of William Arthur and Shirley Raabe.
- Photos
- Works
- Photos
- Works
book
Practical Guide to Schedule M-3 Compliance
(CCH's brand-new "Practical Guide to Schedule M-3 Complian...)
CCH's brand-new "Practical Guide to Schedule M-3 Compliance" explains and illustrates the new compliance program that requires corporations and other entities to file complex schedules that reconcile taxable income with income as reported on financial statements. These schedules are engineered to improve transparency and disclosure, thus enabling the IRS to target and address areas of high risk and non-compliance. For some time, federal tax filing requirements have included some limited disclosure of the major differences between book and taxable incomes. Prior to 1964, this disclosure was on Schedule M, Reconciliation of Taxable Income and Analysis of Earned Surplus and Undivided Profits. A new Schedule M-1, Reconciliation of Income (Loss) per Books With Income Per Return, was added in 1964 to provide more detail. And finally, in response to financial accounting scandals and a call for increased transparency, in 2004, the IRS developed a much more detailed reconciliation schedule for large corporations called Schedule M-3, Net Income (Loss) Reconciliation for Corporations With Total Assets of $10 Million or More. This schedule must be filed by any domestic corporation that reports total assets that equal or exceed $10 million on Schedule L of Form 1120. Practical Guide to Schedule M-3 Compliance provides helpful guidance in the filing of the two major book-tax reconciliation schedules for corporations, Schedules M-1 and M-3. When reporting operating results for financial accounting purposes, corporations are generally required to follow a collective body of guidance known as generally accepted accounting principles (GAAP). And yet for tax purposes, these corporations may be able to elect different accounting methods to report the same results. The courts have supported the different objectives of financial accounting and tax accounting, which in turn leads to many differences between book and taxable income. Schedule M-1 and Schedule M-3 are used by the I
http://www.amazon.com/gp/product/0808015540/?tag=2022091-20
- Multistate Corporate Tax Guide (You'll turn to this practical two-volume reference e...)
William Alan Raabe
Edit ProfileEducation
Bachelor of Science, Carroll College, 1975. MAS, University Illinois, Urbana, 1976. Doctor of Philosophy, University Illinois, Urbana, 1979.
Career
Wisconsin Distinguished professor University Wisconsin, Milwaukee, 1979-1996. Tax education consultant Price Waterhouse Coopers, New York City, since 1985. Professor, director accounting programs Samford University, Birmingham, Alabama, 1997-2001.
Founding dean School Management, distinguished professor Capital University, Columbus, Ohio, 2001—2002. Tax faculty Fisher College Business Ohio State University, since 2003. Visiting associate professor Arizona State University, Tempe, 1985.
Visiting faculty Ernst & Young, New York City, since 1990, Deloitte & Touche, New York City, since 1998, Klynveld Peat Marwick Goerdeler, New York City, since 2008, California Certified Public Accountant Foundation, 1986, American Institute of Certified Public Accountants, 1984-1994, Wisconsin Bar Association, 1992, Capital University Law School, 2002-2004. Developer Estate Tax Planner, McGraw Hill Software, New York City, 1980-1988. Expert witness, since 1985.
Consultant corporation income tax State Alabama, 1997-1901, State of Wisconsin, 1995, 99. Director Fisher/Ohio State University Tax Clinic, since 2003.
Achievements
Works
book
-
Practical Guide to Schedule M-3 Compliance
(CCH's brand-new "Practical Guide to Schedule M-3 Complian...)
-
Multistate Corporate Tax Guide
(You'll turn to this practical two-volume reference every ...)
-
Practical Guide to Schedule M-3 Compliance
Membership
Board directors, National Lutheran Choir, since 2008, Lutheran High School Association Milwaukee, 1991-1996, president, 1993-1996, Bethesda Lutheran Home and Foundation, Watertown, Wisconsin, 1989-1991, Lutheran Counseling and Family Services, 1982-1988, Concord Chamber Orchestra, Milwaukee, 1983-1988, National Lutheran Choir, since 2008. Member Economic Development Committee, Wauwatosa, Wisconsin, 1986-1989. Faculty athletic representative to National Collegiate Athletic Association from University Wisconsin Milwaukee, 1990-1996.
Member Milwaukee Symphony Chorus, Master Singers of Milwaukee, Samford Master Singers, 1985-2000. Vice chair faculty senate Samford University, 2000-2001. Member American Accounting Association, American Taxation Association, Wisconsin Institute of Certified Public Accountants (Educator of Year 1987), Alabama Accounting Educators Association (president 1999-2000).
Connections
Married Nancy Elizabeth Miller, March 1989. Children: Margaret Elisabeth, Martin William.
-
Born
-
Nationality
American
Awards
-
Named to Alumni Hall Fame, Milwaukee Lutheran High School, 1995, Carroll College, 2005. Fellow, University Illinois, 1978. Fellowship, Earnst & Young, 1979, National Center Tax Education and Research, 1982.Named to Alumni Hall Fame, Milwaukee Lutheran High School, 1995, Carroll College, 2005. Fellow, University Illinois, 1978. Fellowship, Earnst & Young, 1979, National Center Tax Education and Research, 1982.