fbpx
Search
Close this search box.
/
/
PICPA: Watch Your Step with Debt Modifications

PICPA: Watch Your Step with Debt Modifications

Michael Tighe
Managing Director
Howard Braithwaite
Principal
Deanna Huntowski-Nasseh
Supervising Senior Tax Analyst

Debt restructuring has become increasingly common, and understanding the regulations is vital. Our article covers essential topics such as:

  • The definition and implications of a significant modification.
  • Treasury Regulation Section 1.1001-3.
  • Tax consequences and potential mitigations.

Read full Pennsylvania CPA Journal article to ensure you’re fully informed on these complex regulations.

About The Author(s)

Michael Tighe
Managing Director
Learn More
Mike is a Managing Director in GTM's  lead practice based out of the firm's corporate headquarters in Wayne, PA. His broad range of experience providing...
Howard Braithwaite
Principal
Learn More
Howard is a Principal at GTM based in the firm’s Philadelphia Metro office. His primary focus is on federal and U.S. international income tax matters....
Deanna Huntowski-Nasseh
Supervising Senior Tax Analyst
Learn More
Deanna is a Supervising Senior Tax Analyst in GTM’s Lead Tax Practice, based out of the firm’s Philadelphia Metro office. She focuses primarily on accounting...