Chicago Chapter
Holds Annual Summer Meeting
The Chicago Chapter held its annual summer meeting and networking event at SPiN, a local Ping-Pong club. The event was great fun and included the Chapter’s annual awarding of scholarships. This year six scholarships went to students from DePaul, Loyola, and Roosevelt Universities,…
Atlanta Chapter
Holds Monthly Lunch Meeting
TEI’s Atlanta Chapter held its monthly lunch meeting on October 17 at Maggiano’s. Presenters from Grant Thornton covered the impact of the new revenue recognition rules, tax function optimization, and recent developments in research and development/Section 199. They also held a related discussion on mergers and acquisitions. The speakers were…
Emerging Leader: Mitchell Trager
For Mitchell Trager, senior tax counsel at Georgia-Pacific LLC, involvement in the tax industry really was a way of life. His father, who passed away when Trager was a teenager, was a tax attorney for a major New York law firm. “We used to talk about what he did, what… Read more »
Elevating Examination Concerns Within the New LB&I
The Expert: Rosemary Sereti
For contentious U.S. federal tax issues, tax controversy management tends to follow a horizontal path from examination to appeals and finally litigation. The likelihood of being embroiled in a contentious issue increased recently as the Internal Revenue Service’s Large Business & International (LB&I) Division announced another round of campaigns. Campaign…
Hold on Tight—It’s 2018!
As we closed out 2017, there was no shortage of apprehension, uncertainty, and stress around the tax world, as Congress and the White House sought to complete work on far-reaching tax legislation. To be sure, the sausage-grinding exercise that passed for tax reform bore little resemblance to the order and… Read more »
Audit on the Rise: Accessing Data Across Jurisdictions Essential Post-BEPS
The Action Plan on Base Erosion and Profit-Shifting (BEPS) set by the Organisation for Economic Co-operation and Development (OECD) is creating a high-stakes audit environment for multinational enterprises. With jurisdictions around the world enacting legislation to boost transparency and end corporate tax avoidance, a lack of data accessibility across jurisdictions… Read more »
Early Registration Now Available for the 68th TEI Midyear Conference
The 68th TEI Midyear Conference will take place March 25–28, 2018, at the Grand Hyatt Washington in Washington, D.C. The theme will be Transforming the Tax Function, and the conference will cover diverse topics ranging from tax reform to the digital economy. Take advantage of the early registration rates available… Read more »
Effective NOL Planning in Light of Tax Reform
Can your company unlock the value of net operating loss carryforwards to reduce future taxable income?
Under current tax rules, a corporation can generally carry back a net operating loss (NOL) to the two preceding taxable years and carry it forward up to the twenty taxable years following the loss to offset 100 percent of federal taxable income and ninety percent of the alternative taxable income.…
Pros and Cons of Voluntarily Disclosing Past Wrongs
To disclose or not to disclose, that is the question
Hamlet’s thoughts weighed heavily upon him. Should he suffer the slings and arrows of outrageous fortune, or take arms against a sea of troubles? For the young Prince of Denmark seeking to avenge his father’s death, the choice was action or inaction, and ultimately life or death. Fortunately, most tax…
Are Tax Insurance Proceeds Taxable? Tax insurance has emerged as a cornerstone of corporate tax…
OBBBA Modifications to US Taxation of International Income The One Big Beautiful Bill Act (OBBBA), which was signed…
How Does Conformity Impact State Revenues After the OBBBA? State conformity with the Internal Revenue Code (IRC) refers to…
Are Research Credit Interviews and Write-Ups Obsolete? Upon joining a Big Four firm in Washington, D.C.—then known…
Janelle Gabbianelli According to Janelle Gabbianelli, her first job was the catalyst…
Why Co-Sourcing Tax Technology Is Your Best Bet In today’s complex regulatory landscape, tax departments are being pushed…