As highlighted in prominent national headlines, recent times have borne witness to unprecedented actions by the Federal Reserve.

Treasury and IRS released final regulations (TD 10001) implementing changes to the required minimum distribution (RMD) rules for individual retirement account (IRA) owners, retirement plan participants, and their beneficiaries made by the SECURE Act and the SECURE 2.0 Act. These final regulations generally retain the rules as proposed and are applicable for determining RMDs for calendar years beginning on or after January 1, 2025.

Andersen Global reinforces its global valuation capabilities through the addition of collaborating firm Advance Valuations in Bulgaria.

While 100% bonus depreciation ended in 2022 for most property, property with longer production periods qualify for a slower statutory phase down than general qualified property.

Andersen Global advances its European valuation coverage through a Collaboration Agreement with Czech-based valuation firm Pražská Znalecká Kancelář (PZK).

With the presidential election season in full swing, tax policy will be a critical point of differentiation in the 2024 presidential race between the Democratic and Republican party candidates – President Joseph Biden and former President Donald Trump. Below is an analysis of the candidates' key tax policy positions. Andersen will update this analysis throughout the election.

20+ Gulf Coast-based professionals from Reilly, Fisher & Solomon join Andersen, providing tax and planning services for ultra-high-net-worth individuals, closely held businesses, and family offices.

Andersen is pleased to announce the appointment of John W. Maragoudakis as Office Managing Director for Metro New York, which includes offices in New York, New Jersey, Connecticut, and Pennsylvania. With over 20 years of experience in tax compliance and consulting services for domestic and multinational business entities, John has been a core member of Andersen since 2003.

Andersen proudly announces Marc Lim as Office Managing Director for Northern California, covering our San Francisco and Silicon Valley offices.