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2022 Arthur J. Dixon Memorial Award

G. Edgar “Eddie” Adkins Jr., CPA, received the 2022 Arthur
J. Dixon Memorial Award, the highest honor bestowed by
the accounting profession in the area of taxation. The award,
given by the Tax Division of the AICPA, was presented
Nov. 2 at the AICPA fall Tax Division meeting in Wash-
ington, D.C., by Jan Lewis, CPA, chair of the AICPA Tax
Executive Committee (TEC).
At the same meeting, Mary Kay Foss, CPA, received the
2021–22 Jonathan Horn Distinguished Service Award.
Adkins is a retired partner in the national tax office of
Grant Thornton LLP in Washington, D.C., where his areas
of expertise included tracking regulatory and legislative de-
velopments related to compensation and employee benefits.
He has served on committees, task forces, and technical
resource panels (TRPs) within the Tax Division. He is par-
ticularly noted for his work on the Patient Protection and
Affordable Care Act, P.L. 111-148. Adkins chaired the Tax
Division’s Health Care Task Force from 2016 to 2018.
“For more than 20 years, Eddie has served as an expert
G. Edgar “Eddie” Adkins Jr., CPA, center, was presented
and is always willing to share his knowledge and experience,
the 2022 Arthur J. Dixon Award by Jan Lewis, CPA, and
which greatly benefits the AICPA and its members,” Lewis introduced by Jeffrey A. Martin, CPA.
said. “He has served as an instructor to thousands, a mentor
to many, and as an adviser to countless clients over the years.” Self-Employed Tax TRP and has previously chaired the
In introducing Adkins at the presentation ceremony, Jef- Trust, Estate, and Gift Tax TRP and served in many other
frey A. Martin, CPA, a member of the TEC, called Adkins a roles. Recipients of the award have made a substantial contri-
leading tax technical expert in the field of employee benefits bution to the Tax Division’s work through notable, extraor-
who in his 31 years in the accounting profession also chaired dinary personal effort. Formerly known as the Distinguished
the Employee Benefits Tax TRP, served on the TEC, and Service Award, it was renamed to posthumously honor
was on numerous Tax Division task forces. He also was a Jonathan Horn, CPA, a former TRP volunteer, AICPA staff
planner of, and speaker at, the AICPA’s Employee Benefits member, and past award recipient.
Conference, Martin said. Adkins also has written numer- “The AICPA and the accounting profession thank Mary
ous articles published in The Tax Adviser and the Journal Kay and Eddie for their tireless efforts in assisting the pro-
of Accountancy. fession in many different areas,” said Edward S. Karl, CPA,
The annual award honors the memory of Arthur J. Dixon, CGMA, AICPA vice president–Tax Policy & Advocacy.
a CPA with an outstanding record of service to the tax pro- “Their guidance and support make it possible for the AICPA
fession and the Tax Division. The award was established after to have valuable and productive relationships with Treasury,
Dixon’s death in 1981 to honor outstanding CPAs in the area the IRS, members of Congress, and other important stake-
of taxes. holders. Eddie and Mary Kay have also had an instrumental
Foss, the recipient of the Jonathan Horn Distinguished role in providing meaningful support to state CPA societies,
Service Award, is a current member of the Individual and accounting students, and AICPA staff.”

the covered benefit plan and deductions that are connected only the adjusted financial statement
with the covered benefit plan
included in gross income
income of its unrelated trade or busi-
PHOTO BY ED KARL  Decreasing adjusted financial ■ A tax-exempt entity’s adjusted ness, or adjusted financial statement
and allowed under federal in-
under federal income tax
come tax principles.
principles; and
income from debt-financed property
to the extent that income qualifies as
statement income for any
unrelated business taxable income.
financial statement income includes
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