Hirschfeld and Malo Author Bloomberg Law Article on Adjusting Partnership Taxable Income and Loss

Andersen Managing Directors Michael Hirschfeld and Jeff Malo co-authored an article for the Bloomberg Law Real Estate Journal. The article, Adjusting Partnership Taxable Income/Loss in a Post-BBA World, covers the partnership audit system change set forth in the Bipartisan Budget Act of 2015 (BBA). The Centralized Partnership Audit Regime represents a significant step forward in the evolution of Internal Revenue Service powers to examine and collect tax from partnerships and partners. 

Jeff Malo is a Managing Director in the Andersen US National Tax office, where he focuses on federal and state research credits. He has over 15 years of experience in both tax and government service.

Michael Hirschfeld is a Managing Director in the firm's US National Tax office, where he focuses on international, partnership, corporate and real estate tax planning and compliance. Michael has over 40 years of experience with tax issues that affect partnerships/LLCs, REITs, cross-border investing, real estate acquisition, finance and investment, private equity, distressed debt, mergers and acquisitions, pharmaceutical, energy, and clean technology clients.

January 20, 2021

Bloomberg Law Real Estate Journal