Tax Accounting Methods in 2020: Changes and Developments for Current and Future Planning
Many companies of all sizes and types face constant and increasing scrutiny from stakeholders over their income tax accounting policies and procedures. This scrutiny may only grow in strength as a result of the tumultuous and complex tax and regulatory year we’ve seen in 2020. More than ever, business owners and leadership are looking for assurance that their tax accounting methods are compliant.
Listen to our on demand webinar to hear from our tax accounting team about recent changes to recording and reporting methods, and best practices to avoid damaging the credibility of your organization.
- Benefits of Accounting Method changes for tax purposes
- Compliance requirements of changes to Accounting Method
- Updated Revenue Procedures for Automatic consent of Tax Cuts and Jobs Act
- Impact of The CARES Act on Accounting Method changes
- Planning opportunities to consider for future tax years
Who should attend?
Business owners, CFOs, tax directors, vice presidents of tax, in-house tax teams, tax professionals, and other financial executives, as well as anyone with international business operations.
This webinar is part of BNN’s Business Taxes & 2020: What You Need to Know webinar series. Click here to sign up for updates on future sessions.
BNN events and publications are intended to provide general information to our clients and friends. It does not constitute accounting, tax, or legal advice; nor is it intended to convey a thorough treatment of the subject matter. The content included here is accurate as of the date it was published. Please contact Baker Newman Noyes for additional assistance.