Departments and Columns
Question: What Are the Key Updates in the FASB Income Tax Disclosure Requirements?
The Expert: Frances Alonso
In 2023, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. The purpose of the ASU is to enhance the transparency and usefulness of income tax disclosures, primarily focused on two main areas: rate reconciliation and income taxes paid.… Read more »
Continuing Education Calendar
2025 Tax Technology Seminar May 5–7 Seattle, WA Federal Tax Course – Level 1 May 19–23 Atlanta, GA Consolidated Returns Seminar June 24–25 Virtual Annual Meeting of Members August 10–12 Burlington, VT US International Tax Course August 11–15 Atlanta, GA 3rd Annual International Tax Student Case Competition August 15–16 Montréal,… Read more »
The Impact of AI in R&D Tax Credits
For the last several years we’ve heard that artificial intelligence (AI) is here and it’s changing the world. Yet look around—what’s changed? Sure, chatbots galore are ready to answer a question or two without your sitting on hold. And yes, dozens of tweets and LinkedIn posts are clearly penned by… Read more »
An Immersive Experience on a Global Scale
Since my last letter, I have had the privilege of representing TEI across North America, the Middle East, and Asia—starting with our dynamic, Western-themed annual conference in Texas and then traveling to the United Arab Emirates, Singapore, Thailand, South Korea, and Japan. These visits provided firsthand insights into the evolving… Read more »
DCLs, DPLs, SREs Under Section 174, and More
TEI’s advocacy is one of the prime benefits of membership. By participating in the Institute’s advocacy efforts, you can help make the corporate tax system—in the United States and around the world—more efficient and less burdensome. Below are a few examples of TEI’s advocacy over the past several months. At… Read more »
Acknowledgments
TEI gratefully acknowledges the support of its sponsors. Their financial support enables TEI to maintain a rich program of value-added education, networking, and advocacy activities for the in-house tax community. Exclusive Affinity Partner Thomson Reuters Platinum Andersen Birch Risk Advisors Bloomberg Tax & Accounting CAC Specialty Crowe LLP CSC Corptax… Read more »
Optimizing Tax Through Structured Data Storage and Data Pipelines
In today’s fast-paced digital business environment, tax departments are under increased pressure to deliver accurate, timely, and compliant financial information. The complexity and the ever-evolving nature of tax regulations, coupled with the growing volume of data that organizations generate, present a significant challenge. Tax professionals must not only ensure compliance… Read more »
TEI BEPS 2.0 and Pillar Two Survey Reveals Key In-House Tax Sentiments
Early this year, TEI sent out a survey to all its members worldwide regarding the implementation of base erosion and profit sharing (BEPS) 2.0 and Pillar Two. The survey asked participants to rate their preparedness, level of difficulty, and technology and staffing concerns in applying the rules/guidance. Although most respondents—just… Read more »
Tax Foundation on Trump’s Tax Proposals
As anticipated, the new US presidential administration, under President Donald Trump, will aim to set in motion a set of policies—some familiar, some not as much—that could greatly affect in-house tax departments. Ahead of the US presidential election, the Tax Foundation broke down Trump’s tax proposals to evaluate the impact… Read more »
Continuing Education Calendar
2025 International Course Simulive January 6–February 27 Virtual 76th Midyear Conference March 16–19 Washington, DC Tax Technology Seminar May 5–7 Seattle, WA Federal Tax Course – Level 1 May 19–23 Atlanta, GA Consolidated Returns Seminar June 24–25 Virtual Annual Meeting of Members August 10–12 Burlington, VT US International Tax Course… Read more »
New Group Pricing Structure One of my key goals for the 2025–2026 fiscal year…
Corporate Apportionment of Partnership Income A decision issued by the Virginia Court of Appeals, FJ…
The Supreme Court Ruling and the Potential for Tariff Refunds: Their Impact on Transfer Pricing When the United States introduced reciprocal tariffs in April 2025,…
2026 State Tax Changes According to the Tax Foundation, forty-three states made significant changes…
Certainty by Design Tax executives operate in a world where material transactions cannot…
The Price of Regulatory Certainty Prior to the Inflation Reduction Act (IRA) of 2022, transferability…