Andersen Global continues to maintain its foothold in the Caribbean through a Collaboration Agreement with Guadeloupe-based law firm InWest Avocats, adding coverage to the southern edge of its presence in the region.

Andersen Global enters a Collaboration Agreement with Montserrat-based LAS Legal Consultancy & Law, signifying the global organization's commitment to drive growth and deliver results in the Caribbean.

Andersen announces the addition of preeminent real estate and economics consulting firm, Rosen Consulting Group (RCG), to its global platform.

Andersen Global enters a Collaboration Agreement with Maj Consulting, reinforcing its capabilities in East Central Africa as the organization continues its expansion in the region.

Despite the recent volatility and uncertainties surrounding cryptocurrency such as Bitcoin, it continues to gain worldwide attention. The draw of cryptocurrency includes simplifying international currency exchanges, reducing transaction fees, and providing a means for the instant transfer of funds.

As the war between Russia and Ukraine rages on, the conflict continues to cause widespread disruption to global supply chains and increased inflationary pressure. Along with this disruption, the war is also generating important tax implications for both individuals and businesses. A few of the tax issues that have arisen in connection with the Russia-Ukraine war include tax losses, overseas charitable giving, and workforce global mobility.

The Tax Cuts and Jobs Act of 2017 (TCJA) resulted in significant changes to the treatment of research and experimental (R&E) expenditures under Internal Revenue Code Sec. 174 that will require substantial work for many companies to implement during 2022. While it was known that a change was coming, many taxpayers continued to hope that the mandatory capitalization would be repealed or postponed.

Partnership interests (and interests in LLCs taxed as partnerships) are capital assets. Gain from the sale of capital assets is capital gain, which for individuals is taxed at preferential rates. Therefore, gain from the sale of a partnership interest must be taxed to individuals at the preferential rates applicable to capital gain. Although seemingly straightforward, there are exceptions. A partnership interest is a capital asset, except when it is not.