Course Description: Join us for our quarterly legislative update covering recent developments in tax and financial accounting legislation. What will the new Biden Administration mean for tax and financial accounting legislation? Will 2021 see tax increases in the face of the COVID-19 triggered recession, or will the emphasis remain on providing relief until the economy improves? What do changes in Congress mean for legislation? Will 2021 be a year of partisan standoff, or will moderates in both parties form an alliance to move sensible legislation forward?
Staying up to date on areas impacting your situation is important and can allow you to better plan for changes that may be coming. Our National Tax Office team paired with members from our National Assurance Office will share their expertise and update you on the latest from Capitol Hill, Treasury and the IRS with a focus on how changes may impact you and your business.
Learning Objectives: -Discuss the tax legislative landscape. -Review pending regulations and IRS guidance. -Outline how these changes could impact businesses and individuals. -Identify possible action steps and planning opportunities.