Treasury and IRS, in 2021, issued final rules (TD 9944) for implementing the Carbon Oxide Sequestration Tax Credit under Sec. 45Q of the Internal Revenue Code. The regulations answer many open questions regarding the tax incentive for investing in carbon capture and sequestration projects and the use of qualified carbon oxide used for tertiary injectant in qualified enhanced oil and gas recovery. When taken together with earlier guidance released by the Treasury and IRS, a workable framework emerges for further developing and financing carbon capture projects. Subsequent guidance, along with legislative changes, has further clarified the credit requirements.

Andersen Consulting expands its digital transformation capabilities through a Collaboration Agreement with Charter, a Canadian consulting firm that specializes in IT strategy, managed services, and application delivery.

As assets such as Bitcoin and Ethereum become household names, many veteran participants in the digital asset industry are moving on to the comparatively greater volatility and potential gains offered by alternative digital assets (Altcoins), non-fungible tokens (NFTs), and other projects.

Andersen Consulting has entered into a Collaboration Agreement with Move, a leader in IT infrastructure, managed services, and enterprise digital solutions with a presence in Norway and Sweden.

Over the past decade, the traditional brick-and-mortar family office has been steadily giving way to the virtual family office.

Andersen Managing Director Joe Calianno’s comments are featured in the recent Tax Notes article, Stock Buyback Tax Collections Fall Short of Initial JCT Estimate.

Andersen Managing Director Deanne Morton, with Andersen’s Tax Controversy practice, is among those with principal responsibility for preparing Comments on Executive Order 14247, regarding electronic payments made by or to the Internal Revenue Service (IRS), submitted by the American Bar Association (ABA) Tax Section to U.S. Treasury Secretary Scott Bessent.

The state’s demand for payment at the end of an audit creates a new, independent legal obligation that is separate from the original duty to report and remit unclaimed property, the Michigan Court of Appeals ruled in Dine Brands Global, Inc. v. Eubanks, No. 360291 (Mich. Ct. App. Aug. 18, 2025). In reaching its decision, the court rejected the holder’s argument that the state’s demand for payment was time-barred under the statute of limitations.

Andersen Consulting broadens its capabilities in Cambodia, Vietnam, and Laos as VDB Loi brings consulting capabilities to its existing tax and legal offering. Led by Managing Director Jean Loi, who also serves as managing director for Andersen in Cambodia and Vietnam, VDB Loi was founded in 2012 as a tax and legal firm and has been a collaborating firm of Andersen Global since 2021.