Mendoza Directory

Faculty & Research

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Kenneth W. Milani

Professor

BIO

Accountancy Professor Ken Milani’s most recent research and writing have focused on foreign partners and the operating activities of partnerships. Recent articles co-authored by Milani have explored the income tax implications of U.S. real property interests owned by non-resident alien partners, alternative ways of placing property into a partnership, and the advantages of altering a partner’s adjusted basis as an income tax planning tool.

Milani teaches required and elective federal income tax courses in the Accountancy undergraduate and Master of Science in Accountancy (MSA) programs. He also teaches a managerial accounting course in the South Bend Executive MBA Program. Other teaching responsibilities include classes for the Master of Nonprofit Administration Program, and the Ernst & Young Dedicated Master’s in Accountancy Program. Milani, a graduate of Bradley University (B.S. and M.B.A.) and the University of Iowa (Ph.D.) serves as Technical Coordinator of the Tax Assistance Program—a community service effort that provides free income tax preparation service to Michiana residents. He is also a co-contributor to a weekly South Bend Tribune column, Tax Talk, which appears in the newspaper from mid-January to mid-April.

AREAS OF EXPERTISE

EDUCATION

TEACHING

  • Accounting for NFPs, NGOs
  • Federal Taxation
  • Partnership Taxation
  • Income Taxation of International Individuals
  • Managerial Accounting
  • Tax Assistance Program
  • Accounting and Reporting for Governmental Entities, NGOs & NFPs
  • Partnerships & Passive Activity
  • Income Taxation for International Individuals

PUBLICATIONS

"Managing Meal Costs: A View of Variance Generation, Analysis and Interpretation in a Restaurant," (with Aaron J Perri), To appear in Management Accounting Quarterly , October (4th Quarter/Autumn), 2013.

"TAX TIPS FOR THE 2013 GRADUATE," (with John Connors),  Cengage, April (2nd Quarter/Spring), 2013, 24.

"Partnership and Partner Penalties," (with William Pfeifer),  Practical Tax Strategies , 90, February, 2013, 61-66.

"Carried Interest: Characteristics, Controversy, Congressional Concerns and Consequences,"  TAXES--The Tax Magazine, 90, November, 2012, 49-53.

"Sustainability: An Income Tax Perspective,"  Practical Tax Strategies, 88, February, 2012, 57-62.

"Tax Features of a Family Farm Partnership,"  TAXES--The Tax Magazine, 89, December, 2011, 35-38.

"The L3C Low-Profit Limited Liability Company: Investment Option for Societal Impacts,"  Practical Tax Strategies, 86, February, 2011, 66-71.

"Consider the Tax Consequences of Partnership Liquidating Distributions," (with Justin Rigney),  Practical Tax Strategies, 82, February, 2009, pp.88-96.

"Analyzing Alternative Methods of Placing Property Into a Partnership," (with Bryan Stewart),  TAXES-The Tax Magazine, 85, December, 2007, 23-27.

"Focus on Foreign Partnerships and Foreign Partners,"  TAXES--The Tax Magazine, 85, April (2nd Quarter/Spring), 2007, 35-44; 50-51.

"TAX TIPS FOR THE 2007 GRADUATE," (with John J Connors),  South-Western College Publishing, March, 2007, 20.

"Tax Tips for the 2006 Graduate," (with John Connors),  South-Western College Publishing, March, 2006.

"FICA Factors for S Corporation Payments to Owner/Employees," (with James L. Wittenbach, ),  Practical Tax Strategies, 75, Number 6, 2005, 338-345.

"Final Regulations Unfurl Excess Parachute Payment Rules," (with Steve Harrington, ),  Practical Tax Strategies, 74, Number 3, 2005, 158-167.

"Tax Tips for the 2005 Graduate," (with John J. Connors),  South-Western College Publishing, 2005.

"Fixing the Marriage Penalty: Whatever Happened to the Lower Class?" (with Claude D. Renshaw, ),  Tax Notes, Volume 103, Number 3, 2004, 356-357.

"Tax Choice When Receiving Partnership Interest for Services," (with Carolyn Curry, Steve Harrington, ),  Practical Tax Strategies, Volume 72, Number 2, 2004.

"Tax Tips for the 2004 Graduate," (with John J. Connors),  South-Western College Publishing, 2004.

"The Rigorous Business of Budgeting for International Operations," (with Juan Rivera),  Management Accounting Quarterly, Winter 2004, Vol. 5, No., 2004, 38-50.

"Calling It Quits: Tax Implications of Partnership Dissolution," (with Jennifer Kosteva),  Practical Tax Strategies, 70, Number 3, 2003, 341-347.

"Cash-Flow Implications for Partnerships with Nonresident Alien Partners," (with Marianne C. Deda),  Journal of International Taxation, 14, Number 6, 2003, 26-33.

"Tax Tips for the 2003 Graduate," (with John J. Connors),  South-Western College Publishing, 2003.

"E-Commerce Offers Opportunities for State Income Tax Planning," (with Jeff McGowan),  Practical Tax Strategies, Volume 69, Number 2, 2002, 97-101.

"Is the 21st Century Code Confiscatory?" (with Stephen Harrington, Claude Renshaw),  Journal of Taxation, Volume 97, Number 6, 2002, 380-382.

"New-and-Improved Minimum Distribution Rules Take Effect in 2002," (with Stephen Harrington),  Practical Tax Strategies, Volume 68, Number 1, 2002, 20-Nov.

"Charting the Interacting Provisions of the Charitable Contribution Deduction for Individuals," (with James L. Wittenbach),  Taxation of Exempts, Volume 13, Number 1, 2001, 22-Sep.

"Charting the Provisions of the Charitable Contribution Deduction for Corporations," (with James L. Wittenbach),  Taxation of Exempts, Volume 13, Number 3, 2001, 125-130.

"Medical Practice Management: A Strategic Financial Information Approach to the Income Statement," (with Richard E. Rhoad),  Management Accounting Quarterly, Volume II, Number 4, 2001, 27-33.

"Risks and Rewards of Tax Shelter Investments," (with Stephen Harrington, John J. Connors),  Practical Tax Strategies, Volume 67, Number 4, 2001, 218-226.

"Tax Strategies to Assist the Disabled and Their Families,"  Practical Tax Strategies, Volume 66, Number 2, 2001, 97-107.

"Gain Familiarity With Foreign Partnership/Partner Rules,"  Practical Tax Strategies, Volume 63, Number 4, 2000, 207-216.

"Northrop Grumman's Four-Tier Approach to Earning Value,"  Management Accounting Quarterly, Volume 1, Number 4, 2000, 40-48.

"Diversity Discourse Conference Proceedings,"  , 1999.

"The Transfer Price is Right," (with Steven C. Wrappe, Julie Joy),  Strategic Finance, 1999.

"Tax-Smart Family Business Succession,"  Taxation for Lawyers, 26, No 6, 1998.

"Tax-Smart Family Business Succession,"  Taxation for Accountants, 60, No 3, 1998.

Book Articles and Chapters

Tax Assistance Program Provides Service-Learning at Notre Dame and St. Mary's College, (1998).

PRESENTATIONS

Kenneth W Milani, , Institute of Management Accounting--Michiana Chapter, South Bend, IN "A LAST look at LIFO . . . ???" (October 2013).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, South Bend, Indiana, "Management Accounting as a Vocation--Revisited," (October 2012).

Kenneth W Milani, Professional Meeting, Michiana Chapter--Institute of Management Accountants, South Bend, Indiana, "Sustainability: An Accounting Perspective," (September 2011).

Kenneth W Milani, Institute of Management Accountants(IMA), Michiana Chapter of the IMA, South Bend, Indiana, "Faith: Its role in the life of a business and in the business of life," (September 2010).

Kenneth W Milani, Meeting, Michiana Chapter of the Institute of Management Accountants, South Bend, Indiana, "Balanced Scorecard and the Triple "Bottom Line"--A Meaningful Managerial Merger," (September 2008).

Kenneth W Milani, , Institute of Management Accountants--Michiana Chapter, South Bend, Indiana "Budgeting--Participation and Power Perspectives," (September 2007).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, Mishawaka, Indiana , "Activty Based Costing in a Service Organization," (October 2006).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, South Bend, Indiana, "Management Accounting as a Vocation," (November 2004).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, South Bend, Indiana, "Athletics and Accounting: A Multi-Faceted Managerial Marriage," (November 2003).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, Mishawka , Indiana, "Peering at the Budget Using Managerial, Motivational and Media Perspectives," (May 2001).

Kenneth W Milani, Institute of Management Accountants, Michiana Chapter, Mishawaka, Indiana , "Ethics and the Elderly: Peering at America's Aging Population from a Business and Economic Perspective," (June 2000).

WORKING PAPERS

"Focus on Foreign Partners and Foreign Partnerships."

Keith Early, "Passive/Nonpassive Activity Classification Can Cut Taxes."

Jennifer Henzler, "The Master Limited Partnership: A Hybrid Structure for Natural Resources Firms."