Taxpayers who currently have a traditional IRA and who do not anticipate needing their IRA balance to fund retirement may want to consider moving their traditional IRA account balances to a Roth IRA.

An Employee Stock Ownership Plan (ESOP) is a tax-qualified defined contribution retirement plan for the benefit of employees.

John Griffin a Managing Director in the AIF practice at Andersen is a contributing author in a two-part series with The Venture Fund Blueprint.

Companies must issue Form 1099 to report certain payments made in the course of business to nonemployees.

Addition of Reibman professionals deepens bench of tax compliance and planning services for closely held businesses, ultra-high-net-worth individuals, and family offices

Andersen Global adds complementary tax and business advisory capabilities to its existing platform in Serbia with the addition of Andersen Savjetovanje d.o.o. (Andersen in Serbia).

Andersen celebrates the promotion of 30 exceptional Managing Directors across 10 offices and multiple service lines nationwide. As of January 1, 2024, Andersen will boast more than 280 Managing Directors throughout the United States.

Andersen welcomes seven additional Managing Directors to U.S. ranks, which grew over 20% in 2023. The new additions bolster several offices and practices across the firm, underscoring the firm's dedication to delivering integrated solutions and unparalleled client service. These accomplished professionals embody Andersen's core values and are poised to play pivotal roles in propelling firm objectives and client success.

The latest installment of Sodium Podium – Andersen's regular column in Tax Notes – Wayne Trumbull (Managing Director – New York), Eric Anderson (Managing Director – San Francisco), and Edward Beeby (Senior Manager – San Francisco) explain why the state adoption of Internal Revenue Code Sec. 174, as amended by the Tax Cuts and Jobs Act, violates the foreign commerce clause.