Andersen Managing Director Joe Calianno's article Retroactive QEF Relief Made Easier: A Green Book Proposal That Should Be Enacted was recently featured in Tax Notes.

A set of guidelines (EU DAC7) that took effect in the European Union (EU) in 2023 addressing the tax transparency of digital platforms brings new compliance obligations to U.S. digital platform operators that facilitate transactions with EU-based sellers or real estate.

Often overlooked in philanthropic planning, the bargain sale can serve as a valuable tool for both taxpayers and charities alike.

In the venture capital and start-up world, Simple Agreement for Future Equity (SAFE) instruments have been used to raise funds by new business ventures since 2013.

Navigating the complexity and breadth of IRS reporting requirements for U.S. individuals with foreign financial investments requires a holistic understanding of the scope of possible penalties, as well as the current state of related IRS enforcement.

Many companies are currently in the process of completing their annual goodwill impairment tests under the requirements of Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 350 Intangibles – Goodwill and Other. In order to comply with Securities and Exchange Commission (SEC) requirements, public registrants are expected to perform an analysis that reconciles the fair value of the reporting unit tested (or reporting units) to the public market capitalization of the company. During the reconciliation process, companies may face several roadblocks that require careful consideration.

C corporations and entities treated as C corporations in California with leasehold improvement property located in California may be eligible to elect under California law to amortize the leasehold improvement property over the remaining lease term if the estimated useful life of the property exceeds the remaining lease term.

Andersen Managing Director Clarissa Cole's comments are featured in the recent Business Insider story.