The 2017 edition of the AICPA’s Tax Adviser Tax Clinic is out! The Tax Adviser is the professional tax journal distributed nationally to all members of the AICPA’s Tax Section. Featured articles help advance practitioners in the field for the betterment of their clients.
 
For more than 20 years I have been honored to serve as editor for the August Tax Clinic issue, reviewing some incredibly insightful articles on tax topics important to private companies and their owners. This year’s articles certainly do not disappoint. Below is a list of our August contributions as they appear in the issue. 

• Will tax reform make C corps. more attractive for closely held businesses?, Mike Kolk, CPA, JD, MS

• Disclaimers as a fix for old trusts, Andy Whitehair, CPA/PFS, AEP (formerly with Cohen & Company)

• Rolling over equity when purchasing a Canadian company, Ray Polantz, CPA, MT (co-authored with Mariya Honcharova, CPA (Canada), CA, Collins Barrow, Toronto)

• Market discount rules: In search of an escape route for distressed debt, Lisa Loychik, CPA

• How to avoid penalties when a planned rollover goes awry, Angel Rice, CPA, MAcc, MT

• The importance of tracking AAA and E&P in transactions involving S corps., Robert Venables, CPA, JD, LL.M

• Small Iowa corporation successfully challenges California's $800 franchise tax, Karen Raghanti, CPA, MT

Feel free to contact any of the authors directly to learn more about their article or for further discussion. 

Cohen & Company is not rendering legal, accounting or other professional advice. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts and circumstances.