Andersen Managing Director Deanne Morton will present at the Internal Revenue Service (IRS) Nationwide Tax Forum in San Diego on September 15-16, 2026. Deanne is in Andersen’s US National Tax practice and focuses on federal tax controversy matters. At the IRS Nationwide Tax Forum, Deanne will discuss ethics on behalf of the AICPA Tax Practice Responsibilities Committee.

Daniel Gespass to Present at Northern Virginia Estate Planning Council

Andersen Managing Director Joe Calianno is presenting at the Venezuela Reawakening Summit, September 17, 2026

Andersen is pleased to welcome Ash Alankar as a managing director in the US National Tax practice.

On June 16, 2026, Illinois Governor J.B. Pritzker signed S.B. 3019, which, effective for tax years ending on or after December 31, 2026, decouples the federal tax treatment of gains from Qualified Small Business Stock (QSBS) by requiring the excluded gains to be added back to the Illinois tax base.

The global economy is undergoing a profound transformation driven by tectonic forces reshaping the economic and financial landscape.

Trump Accounts are a new tax-advantaged savings vehicle for eligible minors. Beginning July 4, 2026, employers can help employees fund Trump Accounts for an employee or the employee’s eligible dependents through a separate written Trump Account Contribution Program (TACP) under Section 128. The annual exclusion for employer contributions to a TACP is limited to $2,500 per employee for 2026 and 2027, with indexing for inflation after 2027. Those contributions count toward the separate $5,000 overall annual Trump Account contribution limit.

New York has enacted a new annual surcharge on certain high-value residential properties in New York City that are not used as primary residences. The surcharge applies beginning with the New York City fiscal year that starts July 1, 2026. The New York City Department of Finance (DOF) began its implementation and enforcement of the Pied-á-Terre tax on July 23, 2026, with the mailing of over 31,000 notices to property owners throughout the five boroughs. The DOF originally set late-August 2026 deadlines to file an appeal but extended the deadline to September 18, 2026. An ensuing lawsuit brought by impacted homeowners has created uncertainty regarding enforcement of the tax, but taxpayers should be prepared for any outcome.

In this inaugural edition of The Private Capital Brief, Andersen walks through the tax topics that matter most to emerging fund managers.