The pace of tax legislative change has not slowed and companies, once again, face another year of significant developments that have a wide ranging impact. An update will be provided on recently enacted tax legislation and the status of current legislative proposals as well as key tax developments at the federal, state, and international level over the past year. Key considerations from a tax accounting perspective will be covered in terms of the impact of tax legislative developments and recent FASB guidance.
Apply awareness of key elements of potential tax legislation recently enacted or currently in progress.
Formulate an understanding of recent federal, state, and international legislative trends.
Recall insights into potential tax accounting considerations for 2022 interim or year-end financial reporting.