Salve et Vale
Sitting down to prepare my final ABA Tax Times column, I am once again reminded how quickly time passes. My term as Chair has rushed by—time flies when you are busy! It seems like yesterday that Karen Hawkins passed the baton to me to lead the Tax Section. It has truly been an honor to be Chair, and a privilege to have served in Section leadership for many years.
I have always known about the many contributions the Tax Section makes to our tax system, but I did not fully appreciate the extent of these contributions until this past year in my role as Chair. Our meetings, comment letters, publications and pro bono services are recognized as excellent, and are especially noteworthy when you remember that all of the work is done by Tax Section members on a volunteer basis. A particular example of the Section’s contribution in 2018-2019 has been our response to the tax legislation enacted in December 2017, commonly referred to as the TCJA. Our members have invested many hours preparing extensive and thoughtful comment letters on TCJA guidance. Treasury and the IRS deeply appreciate the feedback, and the comments help improve the final guidance product...
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Eric Solomon
Chair, ABA Section of Taxation