Leadership Change at Bloomberg Tax & Accounting
Bloomberg Tax & Accounting has announced Bruce Ely as the Interim Chair of the State Tax Advisory Board. Ely, known for his extensive expertise in tax matters, is taking over from Art Rosen, who served as the Chair for over 11 years. Rosen will maintain his role on the Board as Chairman Emeritus, a title that reflects his longstanding contributions to the field of state tax advisory.
Bruce Ely's Impactful Career
With an impressive career at Bloomberg Tax & Accounting spanning more than two decades, Ely has significantly influenced the organization. He holds the titles of Senior Fellow and special consultant, while also contributing as a lead author for various key publications, including Bloomberg Tax’s Pass-Through Entity Navigator. As a regular columnist for the Daily Tax Report, Ely has shared valuable insights with tax professionals.
Commitment to Tax Excellence
Ely’s reputation in the tax community is marked by several accolades, including the Advisory Board's Author of the Year Award for co-authoring the Bloomberg Tax Portfolio 1550, which offers vital insights on choice of entity and its implications. Additionally, he has received the Franklin C. Latcham Distinguished Service Award, highlighting his dedication to improving state and local taxation.
The Advisory Board's Vision
In his new capacity, Ely will collaborate with other esteemed members of the State Tax Advisory Board, continuing the legacy of excellence. In expressing his thoughts on this appointment, Ely mentioned, "It’s a great honor for me to step into this role after being an active Advisory Board member for over 20 years. Our Board comprises a respected group of tax practitioners, and we intend to enhance its capabilities by bringing additional expertise on board soon."
Strategic Objectives for Bloomberg Tax
Evan Croen, the head of Bloomberg Tax & Accounting, remarked on Ely’s appointment as part of the organization's mission to provide top-tier resources for tax professionals. Ely’s leadership will help Bloomberg Tax leverage expert contributions, aiming to deliver unparalleled insights into ever-evolving regulatory and legal landscapes. The company focuses on developing tools that assist tax professionals in reducing research time, thereby enabling them to concentrate on crafting efficient tax solutions.
Expertise on Tax Legislation
Ely’s extensive background encompasses advising state legislatures, contributing to significant tax reform legislation, and advocating for taxpayer rights in interactions with both state and federal tax authorities. His recognition as one of the "Top 10 Tax Lawyers in the United States" by State Tax Notes underscores the respect he commands within the tax community.
About Bloomberg Tax & Accounting
Bloomberg Tax & Accounting specializes in providing practitioner-driven research and technological solutions geared towards delivering timely insights that empower smarter decision-making. Their offerings range from comprehensive Tax Management Portfolios to innovative technology aimed at simplifying complex planning and compliance requirements. Serving a global audience, Bloomberg Tax ensures tax and accounting professionals have access to essential news, analysis, and software to manage risks and achieve optimal business outcomes.
Frequently Asked Questions
Who is Bruce Ely?
Bruce Ely is the newly appointed Interim Chair of the State Tax Advisory Board at Bloomberg Tax & Accounting, a reputable figure in tax advisory.
What position did Art Rosen hold?
Art Rosen served as the Chair of the State Tax Advisory Board for over 11 years and transitions to the role of Chairman Emeritus.
What is the mission of Bloomberg Tax & Accounting?
Bloomberg Tax & Accounting aims to offer top-tier resources for tax professionals, enhancing their effectiveness in navigating regulatory challenges.
What notable award did Bruce Ely receive?
Ely received the Advisory Board's Author of the Year Award for his contributions to a key tax portfolio focused on entity choice considerations.
How does Bloomberg Tax support tax professionals?
Bloomberg Tax provides essential research, innovative technology, and strategic insights to help tax professionals mitigate risks and improve business outcomes.
