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Bloomberg Tax & Accounting Celebrates Excellence in Tax Literature

On May 13, 2025, Bloomberg Tax & Accounting proudly announced the winners of its Annual Author Awards for Federal and State Tax. The awards ceremony took place during the American Bar Association's Tax Section meeting held in Washington, D.C. This prestigious honor shines a light on individuals whose writings significantly impact the field of tax law, recognizing their dedication and excellence in contributing to the knowledge base of tax professionals.

Honorees in Federal Tax

Michael Kliegman, a Senior Counsel at Akin Gump, received the Leonard L. Silverstein Award for Distinguished Service in Federal Tax. Known for his expertise, Kliegman authored the crucial resource, Portfolio 774 - Single Entity Reorganizations, Recapitalizations, and F Reorganizations, which meticulously analyzes the tax ramifications of various reorganization strategies. This portfolio serves as a vital tool not only for corporate tax professionals but also for shareholders and security holders striving to navigate the intricate tax considerations inherent in capital restructuring.

Highlighting significant topics within Portfolio 774, Kliegman tackles subjects such as mutual-to-stock conversions alongside sections 305 and 306, demonstrating his comprehensive grasp of tax intricacies. His receipt of this award underscores his profound impact on tax law and his relentless pursuit of advancing understanding in this essential domain.

Recognition in State and Local Tax

The Franklin C. Latcham Award for Distinguished Service in State and Local Tax (SALT) was bestowed upon Nancy Prosser, renowned for her extensive experience in the arena of state and local tax law, spanning over three decades. As the former General Counsel for the Multistate Tax Commission (MTC), Prosser was a leading figure advocating for uniform taxation laws and addressing complex legal issues affecting state revenue agencies. Her pivotal leadership roles during her tenure included pioneering strategies related to the taxation of digital products and establishing foundational rules for complex partnerships.

Before her impactful work at the MTC, Prosser dedicated sixteen years to the Texas Comptroller of Public Accounts, concluding as the agency's General Counsel. Her impressive background also includes serving as a Texas Assistant Attorney General and working at the prestigious law firm, Vinson & Elkins, L.L.P. Prosser's status as a trusted authority in tax law is well-earned, given her substantial contributions and thought leadership in the field.

Federal Tax Portfolio Author of the Year

Brian Peabody of EY National Tax received recognition as the Federal Tax Portfolio Author of the Year. Recognized for his outstanding authorship on various impactful portfolios, including Portfolio 756 - Consolidated Returns – Computation of Tax Liability and Portfolio 755 - Consolidated Returns – Investment in Subsidiaries, his contributions are pivotal for tax practitioners grappling with consolidated return regulations. With four significant portfolios to his name, Peabody continues to assert his expertise and provide invaluable insights for tax professionals navigating these intricate tax landscapes.

Contributing Author of the Year

The award for Contributing Author of the Year was awarded to John Barlow, Ethan Kroll, and Samuel Pollack, partners from Baker McKenzie, in recognition of their consistent collaboration and insightful contributions to the Tax Management Journal. Their articles encompass deep analytical dives into contemporary issues such as FDII and GILTI deductions alongside DCL/DPL rules, providing actionable insights to taxpayers managing upcoming Pillar Two responsibilities.

State Tax Portfolio Authors of the Year

John Allan and Michael Wynne were jointly honored as State Tax Portfolio Authors of the Year for their project featuring Portfolio 1740-1st State Tax and Escheat False Claims and Consumer Class Actions. By focusing on essential issues related to tax whistleblower cases and class action lawsuits, they provide a robust guide assisting taxpayers and advisors in addressing significant challenges in state tax collections. Their joint efforts to produce a single authoritative resource are indicative of their 80 years of combined tax expertise, proving that collaboration can result in remarkable outcomes.

Allan, with extensive experience across various industries, addresses state and local tax challenges, while Wynne, an accomplished litigator, lends his skills to defending qui tam cases effectively.

Celebrating Excellence

Evan Croen, Head of Bloomberg Tax & Accounting, stated, "We are thrilled to honor these authors for their exceptional contributions to federal and state tax. Their thought leadership, deep expertise, and dedication provide Bloomberg Tax customers with actionable insights and practical perspectives to successfully adapt to a continuously evolving landscape. We are proud to recognize their achievements and celebrate the significant impact their work has on the tax profession."

For a complete list of winners and their biographies, you can visit Bloomberg Tax's official site.

About Bloomberg Tax & Accounting

Bloomberg Tax & Accounting delivers practitioner-focused research and technology solutions designed to offer timely, strategic insights for smarter decision-making. The firm provides essential resources, including detailed tax management portfolios, aimed at facilitating compliance and planning in the tax profession. To learn more about their offerings, visit Bloomberg Tax's website.