aaron borden
Doctor of Law (JD)
Dean's Achievement Award for highest grade in Federal Income Tax Fall 2011
4.0 GPA in upper-level tax courses
Law
https://media-exp1.licdn.com/dms/image/C4E0BAQHLPHFcyJC4Jg/company-logo_100_100/0/1592427385217?e=1655942400&v=beta&t=QoPoti7zgV1kW6gdxthITCml2nzXR8nBhocqXoVn6lA
The University of Texas School of Law
https://www.linkedin.com/school/the-university-of-texas-school-of-law/
B.S.
Accounting Student of the Year; President's List--Seven Semesters
Accounting, Chemistry
https://media-exp1.licdn.com/dms/image/C4E0BAQFOW2gQPzql9w/company-logo_100_100/0/1533844476026?e=1655942400&v=beta&t=eOcDrBP4aVNVK4v8beZ89l-gtp_XayvwjHIntOrDfms
Wayland Baptist University
https://www.linkedin.com/school/wayland-baptist-university/
Tax Section
Young Lawyer Division
American Bar Association
Member
Co-Chair Finance Committee
Fellow of the DAYL Foundation
Membership Committee
Dallas Association of Young Laywers (DAYL)
Member
Co-Chair, Admissions & Membership Committee, 2019
Chair, Welcome Team Subcommittee
Dallas Bar Association
Admission and Membership Committee
Member, DCPAS Board of Directors, 2018-2021
Nominations Committee
PAC Committee
Membership Committee
Graduate of the 2014 Leadership Development Academy
Dallas CPA Society
Member
Dallas Chapter of the Coastal Conservation Association
Member
Law360 Tax Editorial Advisory Board
Member, 2016-2019
Tax Section
State Bar of Texas Leadership Academy, 2019-2020
State Bar of Texas
Member
Member, TSCPA Board of Directors, 2018-2022
Chair, Editorial Board Today's CPA, 2018-2020
Member, Membership Committee, 2019-2020
Texas Society of Certified Public Accountants (TXCPA)
Member
Taxpayers often consider making noncash charitable gifts as part of their tax and wealth strategies. Sometimes this is driven by their favorite charity’s need for a specific item to be donated. Other times it is driven by the need to dispose of a problematic asset and, occasionally, it provides a tax-advantaged mechanism for transfer of appreciated art and collectables. When properly planned, orchestrated and reported, the donor may receive a charitable deduction equal to the full fair-market value of the donated property.  In addition, the donor may be able to eliminate capital gains tax on appreciated property. Whatever the motive, there are several potential hazards that may imperil the desired tax benefits for donors who do not properly execute and report the transaction. Thus, compliance with specific requirements in the U.S. tax code is critical and the following steps should be considered.
Guiding Clients Through a Noncash Contribution
Financial Advisor Newsletter
Recent legislative proposals and frameworks, including the American Families Plan, the For The 99.5% Act, and the Sensible Taxation and Equity Promotion Act, lay out competing initiatives that could foreshadow tax law changes. These proposals include new spending on green initiatives, paid leave for workers and increased funding for childcare, health care and education. To offset the cost of these initiatives, competing initiatives take different approaches, but all include tax increases on high income and wealthy taxpayers.

It appears increasingly likely that any legislation enacted will include tax increases for those taxpayers. While the specifics will inevitably change as part of the legislative process, taxpayers that could be impacted by the changes are well advised to consider wealth planning to take advantage of provisions that may be available under existing tax law.
New Tax Possibilities Make Case for Wealth Planning
GrantThornton.com
Strategic and well-advised collectors often consider gifting appreciated collectables to achieve their philanthropic goals in a tax-advantaged manner. A properly planned and orchestrated gift can achieve two favorable tax outcomes: the elimination of capital gains tax on the appreciated collectable and a charitable deduction equal to the full fair market value of the donated property. The elimination of tax on the appreciation while providing a deduction at the property’s full fair market value often allows the donor to realize a greater after-tax outcome from contributing the appreciated property than can be achieved by selling the collectable and donating the proceeds to charity.  However, achieving this preferential outcome requires compliance with specific requirements in the U.S. tax code; and, there are several potential traps that may ensnare donors who do not properly plan and orchestrate the transaction.
Stay Away from the Traps: Guide to Deducting the Contribution of Appreciated Collectables
Heritage Auctions Journal for Trusts and Estates Advisors
Charitable contributions, and the associated deductions, have long been a part of the federal income tax system, and most taxpayers are aware of the deduction available for charitable contributions. Because of this, taxpayers often believe that all charitable contributions are deductible. However, recent Tax Court decisions emphasize that improper reporting can be a fatal flaw for large noncash charitable contributions.
Planning to Deduct a Large Charitable Contribution? Tread Carefully
Bloomberg Daily Tax Report
The Tax Court’s decisions in Oakhill Woods LLC v. Commissioner, and Loube v. Commissioner, highlight the need for close attention to the Treasury's regulatory requirements. Based on this precedent, the IRS could argue in future cases that the court’s holdings extend to other deductions that are not reported in strict compliance with the applicable Treasury regulations. As such, taxpayers and their advisors should give careful attention to satisfying applicable regulatory guidance.
Court Holds for IRS on Charitable Deductions
GrantThornton.com
Form 8867, and the related due diligence required under Treas. Reg. § 1.6695-2, has historically been associated with the Earned Income Tax Credit and was rarely required in most CPAs’ practices. However, Form 8867, and the related due diligence, will have a much more prominent role in most return preparers’ practices beginning in the 2019 filing season. In fact, return preparers will likely find that Treas. Reg. § 1.6695-2 due diligence is required for almost every Form 1040 return impacted by dependents. This increase in required due diligence is a result of several recent legislative changes.
Get Ready for Form 8867 and the Related Due Diligence Required by the PATH Act and the TCJA
Today's CPA
https://www.tscpa.org/docs/default-source/communications/2019-today%27s-cpa/march-april/form-8867.pdf?sfvrsn=3497f1b1_4
Generally, spouses who file a joint return are subject to joint and several liability for tax deficiencies under the Internal Revenue Code.[1] Yet the IRS may grant a spouse relief from joint and several liability on a joint return in certain circumstances.[2] One mechanism for obtaining relief from the general rule is to seek relief as an “innocent spouse” under 26 U.S.C. § 6015(f), which authorizes the IRS to grant equitable relief from joint and several liability.
Divorce Pleadings May Impact a Request for Innocent Spouse Relief
Meadows Collier Tax Blog
https://www.meadowscollier.com/divorce-pleadings-may-impact-a-request-for-innocent-spouse-relief
The “Paid Preparer’s Due Diligence Checklist” (otherwise known as Form 8867) and the related due diligence regulation have historically been associated with the Earned Income Tax Credit and only  occasionally required. Each will have a much more prominent role in most return preparers’ practices beginning in the 2019 filing season.  In fact, as a result of several recent legislative changes, return preparers will likely find that the regulation’s due diligence is required for almost every Form 1040 return impacted by dependents.
Get Ready for Form 8867, and  Related Due Diligence
ABA Tax Times
https://www.meadowscollier.com/58DDFE/assets/files/News/APB%20Feb%202019%20ABA%20Tax%20Times-%20Get%20Ready%20for%20Form%208867,%20and%20Related%20Due%20Diligence.pdf
Significant changes are coming to Form 8867, Paid Preparer’s Due Diligence Checklist, and the associated requirements for the 2019 filing season. On November 5, 2018, the IRS issued final regulations under Treas. Reg. § 1.6695-2 to clarify when and how return preparers must conduct due diligence.
Changes Are Coming to Form 8867 and Preparer Due Diligence Requirements
Meadows Collier Tax Blog
https://www.meadowscollier.com/changes-are-coming-to-form-8867-and-preparer-due-diligence-requirements
The IRS continues issuing Letter 226-J notices proposing assessments that are commonly referred to as “employer penalties” under the Affordable Care Act. The letters state that the IRS has made a preliminary calculation of the employer’s Employer Shared Responsibility Payment (“ESRP”) obligation. Letter 226-J is typically accompanied by Form 14764, ESRP Response; Form 14765, Employee Premium Tax Credit Listing; and states the amount of the proposed ESRP.  Employers who disagree with the proposed ESRP must complete and return Form 14764 within thirty days and identify any errors in the letter on Form 14765.  In addition, the IRS frequently issues a Letter 227-K or Letter 227-L to provide employers additional information about the proposed ESRP.
The IRS Continues Assessing Employer Shared Responsibility Payments
Meadows Collier Tax Blog
https://www.meadowscollier.com/the-irs-continues-assessing-employer-shared-responsibility-payments
Recently, in United States v. Daugerdas, the Second Circuit affirmed the conviction of once prominent tax lawyer Paul Daugerdas. Daugerdas rose to prominence in the 1990s by developing, selling, and implementing a variety of tax-reduction strategies for wealthy clients. At his peak, Daugerdas led the Chicago office of Jenkens & Gilchrist.
Ethical Reminders from the Conviction of Paul Daugerdas
Dallas Bar Association Headnotes
http://www.dallasbar.org/book-page/ethics-column-ethical-reminders-conviction-paul-daugerdas
On June 16, 2016, the IRS announced a new procedure for taxpayers who have had their property seized to file a petition for remission or mitigation. The IRS has identified more than 700 taxpayers that it believes may qualify, and the IRS has been notifying these taxpayers by mail over the past month. An example of the letter the IRS sent out is available (Click Here). The 700 taxpayers identified by the IRS had their property forfeited from October 1, 2009 to October 17, 2014. In addition to the 700 identified by the IRS, the program is open to other qualifying taxpayers as well. Taxpayers receiving a letter have 60 days from the receipt of the letter to file a petition for remission or mitigation.
IRS Announces Procedure for Seeking a Return of Property Seized in Legally Sourced Structuring Cases
Meadows Collier Tax Blog
https://www.meadowscollier.com/irs-announces-procedure-for-seeking-a-return-of-property-seized-in-legally-sourced-structuring-cases
Yes, in Vandenbosch v. Commissioner, the Tax Court listed the taxpayers’ long-term relationship with their tax preparer as one of the facts supporting its decision that the taxpayer acted with reasonable cause.
Does a Long-Term Relationship Indicate a Taxpayer's Reliance on a Tax Preparer was Reasonable?
Meadows Collier Tax Blog
https://www.meadowscollier.com/does-a-longterm-relationship-indicate-a-taxpayers-reliance-on-a-tax-preparer-was-reasonable
The 5th Circuit last week vacated the fraud convictions of Mike Baker and Mike Gluk. Mr. Baker was the CEO of ArthroCare Corp., a publicly traded company, and Mr. Gluk was the CFO. The government accused them of violating security laws by fraudulently overstating the gross receipts of ArthroCare. Both ArthroCare’s independent counsel and the SEC found in separate investigations that two of ArthoCare’s sales executives lied to Mr. Baker and Mr. Gluk. However, during the criminal prosecution, the district judge refused to allow the independent counsel’s findings or the SEC’s findings into evidence. Furthermore, the district judge did not allow the findings to be used to cross examine the two former sales executives.
The 5th Circuit Overturns Fraud Conviction
Meadows Collier Tax Blog
https://www.meadowscollier.com/the-5th-circuit-overturns-fraud-conviction
Internal Revenue Code sections 6055 and 6056 were added to the Internal Revenue Code by the Affordable Care Act and impose certain reporting requirements on minimum essential coverage providers and applicable large employers. The IRS recently issued Notice 2016-4, extending the due dates for the information reporting required by sections 6055 and 6056 for the 2015 calendar year. The extensions provided by the IRS in Notice 2016-4 are automatic and apply to any taxpayer required to file information returns and statements under either section.
Deadlines for Information Reporting Required by the Affordable Care Act Extended
Meadows Collier Tax Blog
https://www.meadowscollier.com/deadlines-for-information-reporting-required-by-the-affordable-care-act-extended
Several states have amnesty programs that begin this month and have limited duration.
Tax Amnesty Programs
Meadows Collier Tax Blog
https://www.meadowscollier.com/tax-amnesty-programs
Internal Revenue Code section 4980D imposes a $100.00 per day per employee excise tax on any employer that fails to meet certain group health plan requirements. In testimony before the Senate Finance Committee, a policy analyst with the National Federation of Independent Business testified that 18 percent of small businesses are engaged in practices that may subject the employers to the $100.00 per day per employee penalty.
ACA Section 4980D Penalties Apply to Large and Small Employers
Meadows Collier Tax Blog
https://www.meadowscollier.com/aca-section-4980d-penalties-apply-to-large-and-small-employers
The article analyzes opportunities for partners in TEFRA proceedings. Included in the discussion are the opportunities to opt out of the TEFRA  proceeding or to challenge the validity of the TEFRA assessment.
TIGTA Audit Reveals Four Opportunities for Partners in TEFRA Proceedings
Journal of Tax Practice & Procedure, Vol. 17, No. 3
On June 25, 2015, the Supreme Court ruled that the Affordable Care Act (“ACA”) individual tax credit, codified in Code § 36B, extends to those who purchase coverage on the Federal exchange as well as those who purchase coverage on a state exchange. The plain language of Code § 36B provides a tax credit to middle- and low- income taxpayers who purchase insurance through “an exchange established by the state.” However, the IRS’ regulations under § 36B extended the tax credit to taxpayers who purchase coverage through a state or Federal exchange.
Supreme Court Rules in Favor of the Affordable Care Act (Again)
Meadows Collier Tax Blog
https://www.meadowscollier.com/supreme-court-rules-in-favor-of-the-affordable-care-act-again
Four Things You Should Know About Employer Provisions of the Affordable Care Act Penalties
The Dicta, Vol. 32, No. 6
The Affordable Care Act includes an employer mandate and penalties for employers that do not satisfy the mandate. While the employer mandate may not come as a surprise, the following four aspects of the Affordable Care Act are not commonly known and could be pitfalls for the unprepared employer.
Four Things You Should Know About Employer Provisions of the Affordable Care Act Penalties
Meadows Collier Tax Blog
https://www.meadowscollier.com/four-things-you-should-know-about-employer-provisions-of-the-affordable-care-act-penalties
IRS Criminal Investigation Current Initiatives Update
Journal of Tax Practice & Procedure, Vol 16. No. 3
How to apply a five-step process, developed from the proposed regulations under IRC Section 4980H, to determine if an employer is an applicable large employer under the Affordable Care Act.
Applicable Large Employer Status Under the Affordable Care Act
Today's CPA
https://www.tscpa.org/eweb/pdf/TodaysCPA/2014/LgEmployerStatusJANFEB.pdf
Super Lawyers
Super Lawyers Rising Star
Super Lawyers
Super Lawyers Rising Star
Super Lawyers
Super Lawyers Rising Star
TSCPA’s Rising Stars Program recognizes CPA members 40 years old and younger who have demonstrated exemplary leadership skills and active involvement in TSCPA, the accounting profession and/or their communities. People from around Texas nominate colleagues or friends to be recognized. A task force of TSCPA Executive Board members serves as the selection committee.
TSCPA
2016 Texas Society of CPAs Rising Star
Advanced Federal Criminal Prosecutions
-
Federal Income Tax
-
International Tax
-
Oil & Gas Taxation
-
Partnership Taxation
-
Taxation of Trusts & Estates
-
Wills and Estates
-
Dallas Area Habitat for Humanity
https://www.linkedin.com/company/dallas-area-habitat-for-humanity
https://media-exp1.licdn.com/dms/image/C4D0BAQGqkJp7uPkRVg/company-logo_100_100/0/1519889393071?e=1655942400&v=beta&t=LCcngDTfgFRwINipmdbdRTDB6czvraL-YHdDmnal-l4
Volunteer Builder
Grant Thornton LLP (US)
www.credly.com
Diversity, Equity & Inclusion (DE&I) - Foundational
https://www.credly.com/badges/f3ee5d13-2102-49bc-90b9-fc9f4fa1aa6a?source=linked_in_profile
Texas Board of Legal Specialization
Board Certified in Tax Law
American Institute of Certified Public Accountants
Certified Public Acountant
https://www.linkedin.com/in/corbin-garner-128523178
Bridgeport, TX
Corbin Garner
Student Pastor at Grace Fellowship Church
https://www.linkedin.com/in/sfairchilddesigns
Portland, OR
Susan Fairchild
Owner/Designer, S. Fairchild
https://ua.linkedin.com/in/amanda-ferguson-6b6ab0152
Ukraine
Amanda Ferguson
Staffing Recruiter - World Wide Group at HR SPD Recruiting Search - Dallas, Texas US
https://www.linkedin.com/in/lauren-borgan-b775105
Dallas, TX
Lauren Borgan
Attorney
https://www.linkedin.com/in/amy-voigt-65101963
Coatesville, PA
Amy Voigt
Graphic Artist
https://www.linkedin.com/in/samantha-day-356b80203
Dallas, TX
Samantha Day
Adjunct Instructor of International Economics at Tarleton State University
https://www.linkedin.com/in/amy-furr-09783211b
Fort Worth, TX
Amy Furr
Pre-viral reporter at Breitbart News
https://www.linkedin.com/in/stanthiebaud
Dallas, TX
Stan Thiebaud
Thiebaud Remington Thornton Bailey LLP
https://www.linkedin.com/in/lauren-hagood
Fort Worth, TX
Lauren Hagood
Project Manager, Sample Solutions at ProdegeMR
https://www.linkedin.com/in/tyler-topper-8ab22721
Amarillo, TX
Tyler Topper
Partner at Burdett, Morgan, Williamson & Boykin, LLP
https://ca.linkedin.com/in/amanda-furgeson
Calgary, AB
Amanda Furgeson
Chemistry Instructor passionate about education and coaching with over 10 years of classroom leadership.
https://www.linkedin.com/in/rolando-d-aguirre-30287b64
Dallas, TX
Rolando D. Aguirre
Associate Pastor of Teaching & Spanish Language Ministries at Park Cities Baptist Church
https://www.linkedin.com/in/mmcmillan4
Dallas, TX
Mark McMillan
Associate at Meadows, Collier, Reed, Cousins, Crouch & Ungerman LLP
https://www.linkedin.com/in/marty-lewis-a7ab5515
Dallas, TX
Marty Lewis
Minister of Childhood Education at Park Cities Baptist Church
https://www.linkedin.com/in/javieryataco
Orlando, FL
Javier Yataco
Sr. Mgr. Strategic Accounts at Holland America Line
https://www.linkedin.com/in/kelly-hamilton-4483a637
Carrollton, TX
Kelly Hamilton
Minister to Adults at Park Cities Baptist Church
https://www.linkedin.com/in/lawrence-katz-b4265929
New York, NY
Lawrence Katz
Managing Director at EY
https://www.linkedin.com/in/wayneboos
Fresno, CA
Wayne Boos
President at Boos & Associates, a Professional Corporation
https://www.linkedin.com/in/ray-thornson-cpa-2028687
Palo Alto, CA
Ray Thornson, CPA
Managing Director at Andersen Tax
Shared by Aaron Borden
https://www.linkedin.com/signup/cold-join
View my verified achievement from Grant Thornton US.
Liked by Aaron Borden
https://www.linkedin.com/signup/cold-join
Meadows Collier has launched a NEW monthly addition to the MC Talks Tax Blog, Each month notable court decisions will be summarized pertaining to…
Liked by Aaron Borden
https://www.linkedin.com/signup/cold-join
Now that’s IDEAL….DECA Dental Group NBC News
https://www.linkedin.com/in/aaron-borden-6407a970
Dallas-Fort Worth Metroplex
Aaron Borden
Paul Davis Emergency Services of West Arlington Texas.
https://www.linkedin.com/in/adborden
Alameda, CA
Aaron Borden
Computers!
https://www.linkedin.com/in/aaron-borden-92a181116
Los Angeles, CA
Aaron Borden
Vice President and Corporate Counsel at Prudential Private Capital
https://www.linkedin.com/in/aaronmborden
Katy, TX
Aaron Borden
Reservoir Engineer with conventional, unconventional, and M&A experience