Subscribe to RSS feed
Anna Coldwell, CPA

Anna Coldwell, CPA

Author's details

Name: Anna Coldwell, CPA
Date registered: March 23, 2011

Contact Information

Phone: 312-670-7444
Fax: 312-670-8301



Anna has been with ORBA since 2011 and became a Director in 2014. She has more than ten years of tax expertise which includes corporate, partnership and individual tax planning. More specifically, she handles technical reporting, entity structuring and consulting to high net worth individuals and business owners in manufacturing and real estate, among other industries. Anna has also taught continuing professional education courses on various aspects such as business and individual income taxation.

Latest posts

  1. Spotlight on the Research Credit — March 21, 2017
  2. Understanding Tax Issues Related to Shareholder Loans — July 26, 2016
  3. Examining Stanley v. U.S.’s Impact on the Definition of ‘Real Estate Professional’ — February 4, 2016
  4. An Introduction to the Illinois EDGE Program — June 30, 2015
  5. Is a Credit Tenant Lease Right for Me? — March 5, 2015

Most commented posts

  1. Are You A “Professional”? — 1 comment
  2. Divine Design: Maximizing tax benefits of build-out allowance arrangements — 1 comment
  3. How Does the 3.8% Net Investment Income Tax Apply to Real Estate Professionals? — 1 comment

Author's posts listings

Mar 21

Spotlight on the Research Credit

After being continually renewed since the 1980s, the research credit was finally made permanent under the Protecting Americans from Tax Hikes (PATH) Act. This change allows manufacturers to plan (with certainty) for their research and development (R&D) expenditures. And, it is expected to survive any tax reform legislation that will pass in 2017. This article provides an overview of the current rules on how to claim credits for R&D spending, including how the break has been expanded for certain small manufacturers.

Jul 26

Understanding Tax Issues Related to Shareholder Loans

Owners occasionally borrow funds from their businesses. If the company has extra cash on hand, a shareholder loan can be a convenient and low-cost option. This article explains the importance of treating these transactions as bona fide loans and charging an “adequate” rate of interest. It also provides a list of factors the IRS considers when evaluating advances to shareholders.

Feb 04

Examining Stanley v. U.S.’s Impact on the Definition of ‘Real Estate Professional’

The 2015 federal district court case in the Western District of Arkansas, Fayetteville Division, Stanley v. U.S., involved Carol A. and Roy E. Stanley. The case centers on whether the taxpayers qualified as “real estate professionals,” which would allow them to deduct rental losses from a rental activity in which they materially participate against ordinary income. In this Real Estate Group blog, we closely examine Stanley v. U.S., and detail the ways in which the case has impacted the definition of a “real estate professional.”

Jun 30

An Introduction to the Illinois EDGE Program

For Illinois to remain competitive with other states’ business incentive packages, it created the Economic Development for a Growing Economy (EDGE) Program. This blog offers an overview of the program and your company’s potential eligibility for significant Illinois tax incentives.

Mar 05

Is a Credit Tenant Lease Right for Me?

Credit tenant lease (CTL) financing is gaining popularity as a way for owners and developers to leverage the rental stream from a single-tenant property. However, like most forms of financing, these arrangements have their risks as well as some potential advantages. This blog explains how CTL financing works and its many appealing features as well as a possible risk.

Nov 05

Real Estate Group Newsletter – Fall 2014

The ORBA Real Estate Newsletter is a quarterly publication focused on effective business management. The Fall 2014 issue includes two articles, Understanding Rehabilitation Tax Credits: What You Need to Know About Partnership Allocations and Take Your Pick — There is More Than One Way to Execute a Like-Kind/Starker/Sec. 1031 Exchange.

Sep 09

Do Not Let Overhead Accounts Get Ripe for the Picking

Overhead costs are a part of every business and accounting for them can be problematic. For manufacturers, overhead costing is particularly complex. Accounts tend to be large, and non-accounting managers do not always understand how they work. As a result, these overhead accounts can be open invitations to fraud. This blog details how internal controls can help ensure funds remain in overhead accounts.

Sep 04

Manufacturing and Distribution Group Newsletter – Summer 2014

The Summer 2014 Manufacturing and Distribution Group Newsletter contains two articles: Regional Manufacturing Hubs: A Modern Industrial Revolution and Four Lean Manufacturing Fundamentals You Can Rely On.

Feb 26

How Should I Handle Nonrecourse Loan Carve-Outs?

Like many borrowers, you may be drawn to nonrecourse loans because the arrangements can shield you from personal liability. But they do not provide protection in all cases. “Carve-outs” in the loan documents can saddle you with full liability if violated. However, you may be able to minimize personal liability for violations through savvy negotiating.

Feb 11

Carbon Tax 101: Understanding the Potential Effects of “Cap and Trade”

Once a bipartisan idea that was passed by the U.S. House of Representatives in 2009, a carbon tax — also referred to as “cap and trade” — has been shelved since the recession took hold four years ago. An economic resurgence in the United States, however, is expected to breathe new life into the proposal, which would set the nation’s carbon dioxide emissions at specific levels and force energy-dependent industries to pay extra for exceeding their allotment. This article describes the findings of a National Association of Manufacturers report predicting that “the adverse effects of the imposition of such a tax would outweigh any benefits.”

Older posts «