Peggy Ugent Named Vice Chair of AICPA Panel

It is our great pleasure to announce that Peggy Ugent, our accomplished Tax & Accounting Director, has added another title to her résumé: Vice Chair of the American Institute of Certified Public Accountants’ (AICPA) Trust, Estate and Gift Technical Resource Panel. The 10-person panel monitors legislative and regulatory activity, meets with technical staff at the Internal Revenue Service, the Department of the Treasury, and other professional groups in order to collaborate and help guide policy, and supports the AICPA membership by developing products and services to assists members in tax practice.

Ms. Ugent’s panel recently contributed to the AICPA’s response to proposed IRS regulations regarding the basis of property acquired from an estate, and an executor’s related reporting requirements. The panel’s comments were published in an article in Tax Analysts, which we are proud to share here.