As a professional services firm, we focus on helping others be successful — our clients and their businesses, our colleagues and our profession as a whole. As leaders in an industry that is constantly changing and presenting new challenges (which we welcome), we are also committed to staying on top of the most complex tax issues that can help elevate all of the above.

That’s why we are especially proud to serve as editor of the AICPA’s Tax Adviser August Tax Clinic, a role we’ve served in for decades. The Tax Clinic is a special section in the journal that digs deep into current tax issues and opportunities in the profession.

This year’s issue doesn’t disappoint. Please read on to see what our contributors had to offer from numerous areas of the firm.

• “Depreciation Recapture In the Partnership Context” — Robert Venables
• “Estate Planning Update: Summary of Recent Proposed Regs” — Cathy Lorenz and Scott Swain
• “Bargain Sales to Charities: What they are and how do the work?” — Angel Rice
• “Deferred Compensation Deductions and the Sale of a Business” — Sam Smudz, Kevin Ko and Chelsie Nelson (formerly with Cohen & Company)
• “Guaranteed Payments vs. Distributive Share of Income” — Ray Polantz
• “Cryptoasset Clarity Needed for Private Fund Managers” — Cynthia Pedersen
• “State PTE Elections: A Big Picture Perspective” — Patrick Walsh

Contact Tony Bakale at tbakale@cohencpa.com or one of the authors directly to discuss these topics further.

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.