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The American College of Trust and Estate Counsel (ACTEC) Fellow Ronald D. Aucutt Named IRSAC Member

WASHINGTON, Feb. 3, 2014 /PRNewswire-USNewswire/ -- The American College of Trust and Estate Counsel (ACTEC) is pleased to announce the selection of ACTEC Fellow, Ronald D. Aucutt, to serve on the Internal Revenue Service Advisory Council (IRSAC). IRSAC members are selected to represent the taxpaying public, tax professionals, small and large businesses, academia and the payroll community.

"ACTEC is honored to have one of its esteemed members serve in an important role," said ACTEC President Duncan E. Osborne. "Ron is a tireless advocate for the effective administration of the tax law and we know that IRSAC will benefit from his insights."

Ron is a Fellow and past President (2003-2004) of The American College of Trust and Estate Counsel (ACTEC) and the past Chair of its Washington Affairs Committee (2009-2013). He is also a member of the American Bar Association and a past Vice Chair of its Section of Taxation (1998-2000).

Ron has 38 years' experience in taxation and is a partner with McGuireWoods LLP in Tysons Corner, VA. Ron's past experience includes corporate reorganizations, the investment tax credit, tax-exempt financing, TEFRA partnership audits, and the tax treatment of inventories, as well as tax-exempt organizations, estate and gift taxes and the income taxation of estate and trusts, which in time became his areas of concentration. Prior to joining McGuireWoods LLP he was a partner with Miller & Chevalier, and at both firms he has handled tax planning matters and tax audits and appeals throughout the country, as well as ruling requests in the IRS National Office. He compiled the factual background and analysis that was adopted by the Senate Finance Committee in changing the effective date of the first generation-skipping transfer (GST) tax in the Tax Reform Act of 1976 to June 12, 1976, and he has been an observer of and occasional participant in the formation of tax policy ever since. He holds a J.D. and a B.A. from the University of Minnesota. 

As an IRSAC member, Ron will serve a three-year term with a possible one-year extension joining five new members and 14 returning members on the 2014 council.

Established in 1949, The American College of Trust and Estate Counsel (ACTEC) is a nonprofit association of 2,600 trust and estate lawyers peer-elected to membership based on substantial contributions to the field of trusts and estates law. ACTEC offers technical comments about the law and its effective administration, but does not take positions on matters of policy or political objectives.

CONTACT:  Leah Weatherspoon, 202-688-0271, lweatherspoon@actec.org

SOURCE American College of Trust and Estate Counsel

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