Press Room

August 22, 2018

Hogan Quoted in Bloomberg BNA Tax Article

Andersen Tax Managing Director Jim Hogan was quoted in a Bloomberg BNA tax article titled Use Trusts for Pass-Through Tax Break? Yes, You Still Can. The article includes discussion on whether taxpayers should use multiple trusts to benefit from a tax break for pass-through businesses with regards to the newly proposed IRS rules. 

In their newly proposed regulations, the IRS included an anti-abuse measure that prevents taxpayers from using the above mentioned method to utilize a tax break. In the excerpt, Hogan commented that the measure could be used in scenarios where taxpayers divide their real estate interests into multiple trusts to gain the cap on the SALT (state and local tax) deduction. 

Jim Hogan, a member of Andersen Tax's US National Tax team, has over 35 years of legal and accounting experience and was most recently a Branch Chief in Internal Revenue Service’s (IRS) Office of the Chief Counsel. In that role, he had responsibility for all matters relating to estate, gift, and generation-skipping transfer tax issues.

Reproduced with permission. Published August 10, 2018. Copyright 2018 by The Bureau of National Affairs, Inc. (800-372-1033) <>