US tax reform and permanent cash tax impact: The clock is ticking
July 11 | 2 p.m. ET | 18:00 GMT
Host: Robert Kilinskis, partner, Deloitte Tax LLP
1 Overview CPE credit | Taxes
As year one of US tax reform unfolds, the window is closing to generate potential permanent cash savings from tax planning. What should you know? We'll discuss:
- Tax method change opportunities that may still be filed to reduce higher rates effective in 2017, pre-tax reform.
- Opportunities to reduce third- and fourth-quarter estimated tax payments for 2018.
- Formal and informal guidance from Treasury and the IRS regarding new tax reform provisions in federal tax accounting, including new non-deductible expenses and acceleration of revenue recognition.
- Considerations for issues where guidance is forthcoming.
Participants will explore potential opportunities to generate cash, defer tax payments, and gain insights on future guidance and reporting positions.