Opportunity Knocks: Resolving Tax Issues in the Current IRS Environment
The Experts: Tom Cullinan, John W. Hackney, and Charles P. Rettig
Decades of underfunding and hiring freezes have thoroughly depleted the operations of the Internal Revenue Service, adversely impacting virtually every internal and external function. Recent and forthcoming reductions to the IRS have so severely hampered its ability to enforce tax laws to the point that the IRS and taxpayers must…
The View From Above
Ten actions Canadian businesses can take to navigate tariff turbulence
Authors’ note. This article was prepared on April 22, updated on July 15, and is accurate as of that date. Please refer to legal counsel for up-to-date information on the status of the trade and tariff measures between Canada and the United States. Since his inauguration in January, US President…
Nurturing the Future of TEI
My presidency came at a pivotal time for TEI and the greater tax community on the international stage. I’ve made it my mission to advance our profession, hoping to make a significant difference now and to plant the seeds for my successors to build the TEI brand for the next… Read more »
Zooming In on Tax Provision Software’s Biggest Benefit
It’s no secret that the annual income tax provision is the tax department’s most challenging calculation. It represents every dollar a company spends and earns over a year—and the toll that tax takes on all of it. The endless stream of computations, formulas, balances, spreadsheets, and headaches culminates in the… Read more »
Susan Curley
Susan Curley has had four decades of experience navigating the tax waters. Her advice for others: “Trust yourself, reboot if necessary, and forge ahead.” Now the international tax director at Ingram Industries for nearly twenty years, Curley reflects on her professional journey and her involvement with TEI and offers a… Read more »
Key OBBBA Provisions at a Glance
Signed into law on July 4 by President Donald Trump, the One Big Beautiful Bill Act (OBBBA) is a critical piece of US tax legislation, serving as a de facto extension of the Tax Cuts and Jobs Act of 2017 (TCJA). Passed via budget reconciliation, the OBBBA locks in several… Read more »
Regions 4 and 5
Hold Inaugural Joint Regional Conference in Huron, Ohio
On June 18–20, TEI Regions 4 and 5 welcomed their members to their inaugural joint conference in Huron, Ohio, near world-famous Cedar Point amusement park. Twenty-three sponsors participated in sixteen different continuing professional education sessions covering a broad range of pertinent tax topics. The event also included a ten-team golf…
TEI Submits Comments on Proposed Instructions to Form 6765
On June 27, TEI submitted comments on the proposed instructions to Form 6765, Credit for Increasing Research Activities. TEI’s comments request guidance for taxpayers using statistical sampling and reiterate concerns previously expressed by TEI on draft Form 6765. The Tax Reform Task Force, chaired by Andreia Verissimo, in coordination with… Read more »
Planning for IRS Audits in an Era of Uncertainty
Using the economic substance doctrine as a general anti-abuse rule
In its ongoing crusade against so-called “basis-shifting” transactions, the Internal Revenue Service has created widespread uncertainty regarding the tax treatment of routine transactions.1 For example, last year, the IRS released Revenue Ruling 2024-14,2 establishing its position that the tax effect of certain related-party basis adjustment transactions should be disallowed under…
TEI Holds Federal Tax Course – Level 1
TEI held its annual Federal Tax Course – Level 1 from May 19 to 23 at the Georgia Tech Hotel and Conference Center in Atlanta. This year’s course welcomed more than seventy attendees from across the United States. Over the five-day program, participants engaged in a robust lineup of educational… Read more »
The Fringe Benefit Rules Applicable to Protecting Executives Since the 2024 murder of Brian Thompson, the CEO of…
TEI Roundtable No. 53: Using AI for Tax Law Research As artificial intelligence continues its scorching rise, in-house tax professionals…
Zooming In on Tax Provision Software’s Biggest Benefit It’s no secret that the annual income tax provision is…
Opportunity Knocks: Resolving Tax Issues in the Current IRS Environment Decades of underfunding and hiring freezes have thoroughly depleted the…
Nurturing the Future of TEI My presidency came at a pivotal time for TEI and…
Susan Curley Susan Curley has had four decades of experience navigating the…