It was another good year as editor of the AICPA’s Tax Adviser August Tax Clinic, a special section in the professional tax journal. Some of Cohen & Company’s brightest tax minds lent their expertise to help practitioners across the nation better understand everything from complex areas of tax reform, to inventory accounting for cannabis businesses, to the impact of a recent court case on investment partnerships.
 
Below is a list of Cohen & Company articles as they appear in the issue. 

• Another look at C corp. vs. S corp. in light of tax reform – Mike Kolk, CPA, M.S., J.D.
• Lender Management LLC and its impact on investment partnerships – Rob Velotta, CPA, MT and Jim Rosing, CPA (formerly with Cohen & Company)
• States’ workarounds to the state and local tax deduction limitation – Cynthia Pedersen, J.D., LLM
• The carrot-and-stick approach to on-shoring intangible value – Ray Polantz, CPA, MT
• Basis issues in cryptocurrency – Brandon Miller, CPA
• Updates to Sec. 382 NUBIG and NUBIL safe harbors – Tracy Monroe, CPA, MT (formerly with Cohen & Company)
• Interest recharacterization rules for ‘self-charged interest’ – Angel Rice, CPA, MAcc, MT
• Withholding requirement on sale of partnership interest by foreign partners under the TCJA – Andreana Shengelya, CPA, MT
• States vary on treatment of sale of passthrough-entity interests – Karen Raghanti, CPA, MT and Sara Britt, JD (formerly with Cohen & Company) 
• Inventory accounting for cannabis businesses: Sec. 280E and the impact of tax reform – Chris Madison, CPA, MT (formerly with Cohen & Company)

Please contact a member of your service team or any of the authors above for further discussion.

Cohen & Company is not rendering legal, accounting or other professional advice. Information contained in this post is considered accurate as of the date of publishing. Any action taken based on information in this blog should be taken only after a detailed review of the specific facts, circumstances and current law.