AICPA August Tax Adviser Covers M&A, European Waterfalls, Digital Assets and More

For over 30 years, Cohen & Co has had the privilege of editing and contributing to the August Tax Clinic edition of the AICPA’s Tax Adviser, and I am grateful to continue this tradition. The articles in this year’s edition aim to help practitioners better understand complex technical tax issues encompassing a range of subjects: M&A, estate and gift tax, foreign income, Sec. 163(j)(7) elections, digital asset legislation, European waterfalls and tax return positions.

• M&A Termination Fees Under Sec. 1234A: Developments since 2016 – Carlos Alvarado and Christopher Stuart (formerly with Cohen & Co)
• Estate Portability Elections of Unused Estate and Gift Tax Exemption Must be Meticulously Prepared – Michael Boncher
• Check-the-Box Effects for Foreign Owners – Ray Polantz
• Rev. Proc. 2026-17: Withdrawal of Sec. 163(j)(7) Elections – David Charles
• Tax Legislation for Digital Assets: What’s the Conversation in Congress? – Cynthia Pedersen
• The Hidden Costs and Tax Burdens of European Waterfalls – Jonathan Williamson
• Tax Return Positions: Required Levels of Authority – Robert Venables

Contact Robert Venables, the authors or a member of your service team to discuss these topics further.

In this blog Cohen & Co is not rendering legal, accounting, investment, tax or other professional advice. Rather, the information contained in this blog is for general informational purposes only. Any decisions or actions based on the general information contained in this blog should be made or taken only after a detailed review of the specific facts, circumstances and current law with your professional advisers.