Celebrating Excellence in Tax Authors: Bloomberg Awards 2025

Bloomberg Tax & Accounting Honors Exceptional Authors
Recently, Bloomberg Tax & Accounting held their annual Author Awards for Federal and State Tax, recognizing outstanding contributions from professionals in the tax law field. Held after a significant meeting of the American Bar Association's Tax Section, this event highlighted the remarkable achievements of tax authors who elevate the standards of practice and knowledge in their respective areas.
Recognizing Excellence: Awards Presented
The spotlight was put on Michael Kliegman from Akin Gump, who was awarded the prestigious Leonard L. Silverstein Award for Distinguished Service in Federal Tax. Kliegman’s work, particularly on Portfolio 774: Single Entity Reorganizations, has become a fundamental resource in understanding tax reorganizations. His contributions aid professionals in navigating complex corporate transactions, underscoring a commitment to advancing tax law knowledge.
Another esteemed recipient, Nancy Prosser, received the Franklin C. Latcham Award for Distinguished Service in State and Local Tax. With an extensive background exceeding three decades, Prosser's experience includes serving as General Counsel for the Multistate Tax Commission. She played pivotal roles in shaping the taxation landscape, developing guidelines for digital product taxation, and addressing critical partnerships in tax law.
Leadership Through Expertise
Michael Kliegman's insight into tax implications is notable in Portfolio 774, which examines recapitalizations and F reorganizations. His work provides essential guidance for corporations and shareholders, ensuring they are well-informed on the financial consequences of their decisions.
Nancy Prosser, through her tenure at the Multistate Tax Commission, has become a key voice in addressing diverse tax issues. She led initiatives aimed at standardizing taxation procedures, ensuring that evolving market conditions are met with thoughtful solutions. Her previous experience at the Texas Comptroller of Public Accounts also showcases her commitment to excellence in tax law.
Highlighting Further Contributions to Taxation
The title of Federal Tax Portfolio Author of the Year was attributed to Brian Peabody of EY National Tax. His portfolio contributions, such as Portfolio 756 on consolidated returns, reveal his in-depth expertise in this complicated area of tax regulation. His publications serve as vital resources for professionals dealing with the intricacies of tax liabilities within consolidated entities.
Additionally, the Contributing Author of the Year Award was shared among partners John Barlow, Ethan Kroll, and Samuel Pollack from Baker McKenzie. Their collaborative writings for the Tax Management Journal, particularly on FDII and GILTI deductions, showcase their ability to deliver timely insights that support tax compliance in today’s fast-evolving environment.
Innovation in State Tax Law
Awards for State Tax Portfolio Author of the Year were presented to John Allan and Michael Wynne. Their joint work on Portfolio 1740-1st offers a comprehensive examination of state tax issues, particularly around false claims and consumer class actions. Their aim was to create an authoritative guide that provides practical advice for companies facing complex tax challenges, given their combined experience of 80 years in the field.
Both authors come from Jones Day, where Allan focuses on various industries, while Wynne brings a wealth of experience as a seasoned litigator. Their collaboration is a testament to the shared commitment to excellence in tax advocacy and support within their areas.
Appreciation from Bloomberg Tax Leadership
Commenting on these awards, Evan Croen, Head of Bloomberg Tax & Accounting, expressed immense pride in recognizing these professionals. Croen emphasized the critical role these authors play in providing practical insights and valuable knowledge that aid Bloomberg Tax customers in adapting to changes in tax legislation and regulations. Their thought leadership forms the backbone of effective tax management strategies.
Frequently Asked Questions
What are the Bloomberg Tax Author Awards?
The Bloomberg Tax Author Awards recognize outstanding contributions by tax professionals in federal and state tax law, celebrating their expertise and insights.
Who received the Leonard L. Silverstein Award?
Michael Kliegman of Akin Gump was awarded the Leonard L. Silverstein Award for his significant contributions to federal tax law.
What contributions did Nancy Prosser make to tax law?
Nancy Prosser played a crucial role in developing uniform tax rules and guidelines for the Multistate Tax Commission, influencing state revenue agency practices.
Who are some notable Federal Tax Portfolio Authors of the Year?
Brian Peabody, recognized for his work on consolidated returns, was named the Federal Tax Portfolio Author of the Year.
What is the focus of Portfolio 1740 authored by John Allan and Michael Wynne?
It addresses challenges in state tax whistleblower cases and consumer class action lawsuits, providing practical guidance for taxpayers.
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